Jerome Powell

Depending on the way things play out, that could include rate hikes, sorry, rate cuts. You know, it could include us holding where we are. We just are going to need to see, you know, how things play out before we make those decisions.

Depending on the way things play out, that could include rate hikes, sorry, rate cuts. You know, it could include us holding where we are. We just are going to need to see, you know, how things play out before we make those decisions.

The administration is entering into negotiations with many countries over tariffs. We'll know more with each week and month that goes by about where tariffs are going to land. And we'll know what the effects will be when we start to see those things. So we think we'll be learning. I can't tell you how long it will take.

The administration is entering into negotiations with many countries over tariffs. We'll know more with each week and month that goes by about where tariffs are going to land. And we'll know what the effects will be when we start to see those things. So we think we'll be learning. I can't tell you how long it will take.

But for now, it does seem like it's a fairly clear decision for us to wait and see and watch.

But for now, it does seem like it's a fairly clear decision for us to wait and see and watch.

I'm today not going to be sending any signals about the timing of any future actions.

I'm today not going to be sending any signals about the timing of any future actions.

I'm today not going to be sending any signals about the timing of any future actions.

But there really there's no limit on how much of that we can do other than that it must meet the tests under the law. There is no limit.

But there really there's no limit on how much of that we can do other than that it must meet the tests under the law. There is no limit.

But there really there's no limit on how much of that we can do other than that it must meet the tests under the law. There is no limit.

You know, we don't have authority, I don't believe, to lend to state and local governments.

You know, we don't have authority, I don't believe, to lend to state and local governments.

You know, we don't have authority, I don't believe, to lend to state and local governments.

I don't think we want that authority. I think that's something for Congress to do.

I don't think we want that authority. I think that's something for Congress to do.

I don't think we want that authority. I think that's something for Congress to do.

And joining us now in a rare and exclusive live interview is Jerome Powell.

And joining us now in a rare and exclusive live interview is Jerome Powell.