Customer Quote by Jerome Powell
“We need a resilient, well-capitalized, well-regulated financial system that is strong enough to withstand even severe shocks and support economic growth by lending through the economic cycle.”
About This Quote
Source Speech: Federal Reserve Chair Testimony, 2023
A robust, well‑funded, and properly overseen financial system can absorb major shocks while continuing to fund growth throughout the cycle.
In simple terms: Strong finance supports economy despite crises.
Key Takeaway
Build resilient, capital‑rich, regulated banks.
Themes
financial stability
risk management
economic growth
regulation
Mood
cautious
optimistic
Type
policy
analysis
When to use this quote
- banking crisis response
- investment planning
- policy formulation
- credit provision
Key Concepts
systemic risk
capital adequacy
macroprudential policy
Questions to Reflect On
- How can regulators balance safety with credit access?
- What safeguards prevent systemic failures?
A Different Perspective
Over‑regulation may stifle innovation and limit credit availability.
