• Jerome Powell
    There is tension between the Fed's dual mandate goals of inflation and employment.
  • Jerome Powell
    The disagreement among FOMC members is about how to weight these risks and what the forecast looks like.
  • Jerome Powell
    This persistent tension between the two parts of the mandate is very unusual.
  • Jerome Powell
    FOMC discussions remain high quality with thoughtful, respectful debate among members with strong views.
  • Jerome Powell
    A decision was made today with broad but not unanimous support (9 out of 12).
  • Jerome Powell
    The current situation is not normal - there's more spread in views than typical.
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