Economy Quote by Jerome Powell
“Over the longer run, advanced economy policy actions that strengthen global growth and global trade will benefit the EMEs as well.”
About This Quote
Source Speech: Monetary Policy Report, Federal Reserve, 2023
Policy measures that boost major economies and trade also lift emerging markets.
In simple terms: Strong global policies help developing economies.
Support policies that promote global growth.
Themes
Mood
Type
When to use this quote
- government budgeting
- international trade negotiations
- investment decisions
- development planning
Key Concepts
Questions to Reflect On
- How can emerging markets prepare for global policy shifts?
- What risks arise if major economies falter?
Benefits depend on domestic implementation and local conditions.