Banking Quote by Jerome Powell

“As with so many sectors of the economy, technology is transforming the retail banking sector.” quote by Jerome Powell — Download Open image

“As with so many sectors of the economy, technology is transforming the retail banking sector.”

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More by Jerome Powell

Alignment of business strategy and risk appetite should minimize the firm's exposure to large and unexpected losses. In addition, the firm's risk management capabilities…

Jerome Powell

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The too-big-to-fail reform project is massive in scope. In my view, it holds real promise. But the project will take years to complete. Success…

Jerome Powell

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The financial crisis and the Great Recession left firms with excess capacity, reducing incentives to invest. If businesses expect slower growth to continue, that…

Jerome Powell

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All economic forecasts are subject to considerable uncertainty. There is always a wide range of plausible outcomes for important economic variables, including the federal…

Jerome Powell

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Emerging market economies have long grappled with the challenges posed by large and volatile cross-border capital flows.

Jerome Powell

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A risk-insensitive leverage ratio can be a useful backstop to risk-based capital requirements. But such a ratio can have perverse incentives if it is…

Jerome Powell

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The Federal Reserve is not charged with designing or evaluating proposals for housing finance reform. But we are responsible for regulating and supervising banking…

Jerome Powell

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Although I have never worked in a community bank, I have been a customer, and I know from personal experience the special skills that…

Jerome Powell

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Perhaps the greatest challenge for the resolution of a systemic global bank is the possibility that public or private actors in different countries might…

Jerome Powell

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An efficient payments system provides the infrastructure needed to transfer money in low-cost and convenient ways. Efficient systems are innovative in improving the quality…

Jerome Powell

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Higher capital requirements increase bank costs, and at least some of those costs will be passed along to bank customers and shareholders. But in…

Jerome Powell

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More regulation is not the best answer to every problem.

Jerome Powell

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Explore all 92 Jerome Powell quotes

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It's not that I have any general aversion to technology but online banking just seems to be asking for trouble. You can have enough…

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When a government is dependent upon bankers for money, they and not the leaders of the government control the situation

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My father was in real estate, banking, and land management. As family life, it was very conventional, happy, and comfortable. We weren't wealthy, but…

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