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We're not trying to provoke — and don't think that we will need to provoke — a recession. But we do think it's absolutely essential that we restore price stability, really for the benefit of the labor market as much as anything else.

— Jerome Powell

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We need to move away from very low interest rates. They're not appropriate for the current situation in the economy.

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Quote text and notes from Wikiquote: Jerome Powell (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.