Long experience, in the United States and in other advanced economies, has demonstrated that monetary policy is most successful when decisions are… — Jerome Powell Customer Copy Share Image
While the move to central clearing has made the system safer, we need to make sure that the central counterparties have the… — Jerome Powell Customer Copy Share Image
Against this backdrop of technological change and heightened expectations, it is worth remembering our broad public policy objectives, which are driven by… — Jerome Powell Change Copy Share Image
An increase in the debt ceiling should be accompanied by fundamental policy reforms, substantial budget savings, and a strong enforcement mechanism to… — Jerome Powell Copy Share Image
By the beginning of the 20th century, the debate about monetary policy and the nation's financial system had been going on for… — Jerome Powell Copy Share Image
Regional interest rate differentials persisted until around the time of World War I and helped shape the attitudes of Americans living in… — Jerome Powell Copy Share Image
The overwhelming majority of new mortgages are issued with government backing in a highly concentrated securitization market. That leaves us with both… — Jerome Powell Customer Copy Share Image
If the public understands the central bank's views on the economy and monetary policy, then households and businesses will take those views… — Jerome Powell Copy Share Image
While monetary policy can contribute to growth by supporting a durable expansion in a context of price stability, it cannot reliably affect… — Jerome Powell Context Copy Share Image
It is worth noting that 'too big to fail' is not simply about size. A big institution is 'too big' when there… — Jerome Powell Copy Share Image
Increased fragmentation of production across international borders - a natural outgrowth of the gains from specialization - meant more trade for any… — Jerome Powell Borders Copy Share Image
The United States has never prioritized or failed to pay any obligation when due during a debt limit impasse. Despite the institutional… — Jerome Powell Authority Copy Share Image
