Risk management systems and controls may discourage or limit certain revenue-generating opportunities. Failure to ensure the independence of these functions from the… — Jerome Powell Copy Share Image
We need a resilient, well-capitalized, well-regulated financial system that is strong enough to withstand even severe shocks and support economic growth by… — Jerome Powell Customer Copy Share Image
There is clear empirical evidence that the response of EME financial markets to different shocks, including changes in U.S. interest rates, depends… — Jerome Powell Copy Share Image
The financial crisis and the Great Recession posed the most significant macroeconomic challenges for the United States in a half-century, leaving behind… — Jerome Powell Challenges Copy Share Image
One factor that favors easier adjustment in EMEs is that U.S. monetary policy normalization has been and should continue to be gradual,… — Jerome Powell 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
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
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
The Fed's organization reflects a long-standing desire in American history to ensure that power over our nation's monetary policy and financial system… — Jerome Powell American history Copy Share Image
Regulatory changes have forced banks to closely examine their liquidity planning and to internalize the costs of liquidity provision. The costs of… — Jerome Powell Change Copy Share Image
The financial crisis and the Great Recession left firms with excess capacity, reducing incentives to invest. If businesses expect slower growth to… — Jerome Powell Crisis 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
