The Fed Tahan Suku Bunga, Perpecahan Suara Terbesar Sejak 1992

Added: 2026-05-07

[00:01:41]Today, the FOMC decided to leave our policy rate unchanged.

[00:01:45]We see the current stance of monetary policy as appropriate to promote progress toward our maximum employment and 2% inflation goals.

[00:01:55]Developments in the Middle East are contributing to a high level of uncertainty about the economic outlook, and we will remain attentive to risks to both sides of our dual mandate.

[00:02:04]Inflation has moved up recently and is elevated relative to our 2% longer-run goal.

[00:02:10]Estimates based on the consumer price index and other data indicate that total PCE prices rose 3.5% over the 12 months ending in March, boosted by the significant rise in global oil prices that has resulted from the conflict in the Middle East.

[00:02:26]Excluding the volatile food and energy categories, core PCE prices rose 3.2% over the 12 months ending in March.

[00:02:34]This relatively high rate largely reflects the effects of tariffs on prices in the goods sector.

[00:02:40]Near-term measures of inflation expectations have risen this year, likely because of the substantial rise in oil prices.

[00:03:13]I've said that I will not leave the board until this investigation is well and truly over with transparency and finality, and I stand by that.

[00:03:21]I'm encouraged by recent developments, and I'm watching the remaining steps in this process carefully.

[00:03:28]My decisions on these matters will continue to be guided entirely by what I believe is in the best interest of the institution and the people we serve.

[00:03:36]After my term as chair ends on May 15, I will continue to serve as a governor for a period of time to be determined.

[00:03:44]I plan to keep a low profile as a governor.

[00:03:47]There is only ever one [clears throat] chair of the Federal Reserve Board. When Kevin Warsh is confirmed and sworn in, he will be that chair.