On March 30, Federal Reserve Chairman Powell stated that there are contradictions between the Fed's two main goals. During an event at Harvard University on Monday, Powell said, "The labor market faces downside risks, which suggests that interest rates should remain low, but inflation poses upside risks, indicating that perhaps low rates should not be maintained." Discussing the recent series of disagreements among policymakers, Powell expressed his support for thorough discussions. He stated, "In a time of historic challenges, striving for consensus may actually be misleading."