“I think the time has come for us, as a nation, to pause and ask: When are we going to stop this experiment of raising costs and wages far beyond what the national economy can sustain—far beyond what is happening in other countries—while at the same time expecting inflation to remain low and interest rates to be just like in other countries?”Wont hesitate to raise interest rates
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February 04, 2026
“I think the time has come for us, as a nation, to pause and ask: When are we going to stop this experiment of raising costs and wages far beyond what the national economy can sustain—far beyond what is happening in other countries—while at the same time expecting inflation to remain low and interest rates to be just like in other countries?”