Skip to content

Economics Quote by Jerome Powell

“The success of monetary policy should be judged by the economy's performance against our statutory mandates of price stability and maximum employment.” quote by Jerome Powell
Download Open image
“The success of monetary policy should be judged by the economy's performance against our statutory mandates of price stability and maximum employment.”

Jerome Powell

About This Quote

Source Speech: Federal Reserve Chair remarks, 2023

Monetary policy success is measured by meeting price stability and employment goals.

In simple terms: Policy works if it meets inflation and jobs targets.

Key Takeaway

Focus on stable prices and full employment.

Themes

economics policy governance

Mood

analytical serious

Type

policy economic

When to use this quote

  • budget planning
  • business strategy
  • public communication

Key Concepts

macroeconomics mandates inflation control

Questions to Reflect On

  • Are mandates realistic in all economic cycles?
  • How to balance inflation control with growth?
A Different Perspective

Political pressures can distort policy priorities.

2.9 out of 5 (3 ratings)

More by Jerome Powell

Explore all 92 Jerome Powell quotes

More Economics quotes

Browse all 7,657 Economics quotes