Powell: Cost of being cautious is low, economy doesn't need Fed to do anything right now

POWELL: THE GENERAL THOUGHT IS THAT A ONE TIME JUMP IN PRICES DOES NOT NEED A MONETARY POLICY RESPONSE

— First Squawk (@FirstSquawk) March 7, 2025

Fed's Powell: If this turns into a series of actions, or if tariffs are larger, or expectations start to move, that would influence how the fed reacts.

— FinancialJuice (@financialjuice) March 7, 2025

FED'S POWELL Q&A/U CHI BOOTH SCHOOL: BEA AND BLS DATA 'GOLD STANDARD;' SURVEY RESPONSES HAVE DECLINED AND SHOULD INVEST IN IMPROVEMENT; NEW NON-GOVT MASS DATA SOURCES VERY HELPFUL #Powell #FederalReserve #economy

— Mace News (@MaceNewsMacro) March 7, 2025

Powell on tariffs: "The textbook would say look through it."

But "you would also want to be sure of a couple things."

-Does it turn into a sequence of tariff hikes that are larger than anticipated?

-"What really would matter is what's happening with longer-term inflation…

— Nick Timiraos (@NickTimiraos) March 7, 2025