It'll be substantially smaller than it is now...but nowhere near where it was before. Jerome Powell More Quotes by Jerome Powell More Quotes From Jerome Powell We are quite mindful of the risks to the outlook and are prepared to move and use our tools as needed. Jerome Powell top-news My duty is one that Congress has given us, which is to use our tools to achieve maximum employment and stable prices and to supervise and regulate banks so that they treat their customers fairly and so that they're strong, well-capitalized and can perform their critical function in good times and bad, that's my job. And I think for me to get into responding to any elected official would be a distraction from that job. Jerome Powell politics If it was released at some other time, that would maybe keep the transparency but reduce the conundrum aspect and (keep) the focus on the statement of the committee, which is really what the committee actually decided upon. Jerome Powell top-news I wouldn't take it as a signal about current policy or about near-term policy. Jerome Powell top-news I think we are getting in here to commenting on a nominee to the Fed directly, that's something I'd rather avoid; it's really not my role to engage with potential nominees to the Fed. Jerome Powell business I think men and women should make the same for the same work, by and large. Jerome Powell business We think our policy stance is appropriate at the moment; we don't see a strong case for moving it in either direction. Jerome Powell top-news We're comfortable, the committee is comfortable with our current policy stance. Jerome Powell top-news I can't really be any more specific than what I've said. Jerome Powell top-news The financial crisis did a great deal of damage to many people's lives. And, of course, not all of them will be made whole. Jerome Powell top-news With nothing in the outlook demanding an immediate policy response and particularly given muted inflation pressures, the committee has adopted a patient, wait-and-see approach. Jerome Powell top-news As we feel our way cautiously to this goal, we will move transparently and predictably in order to minimize needless market disruption and risks to our dual-mandate objectives. Jerome Powell top-news We need policies that support innovation and create a favorable environment for investment in both the skills of workers and the tools they have. Jerome Powell us The idea that deficits don't matter for countries that can borrow in their own currency I think is just wrong. I think that U.S. debt is fairly high as a level of (gross domestic product) and, much more importantly than that, it's growing faster than GDP, to the extent that people are talking about the Fed - our role is not to provide support for particular policies. Jerome Powell business The baseline outlook is a good one. Jerome Powell business You just have to say it in a way that's more accessible. Jerome Powell top-news My only motivation is to do the right thing for the economy and the American people, the situation calls for patience, I think it does. That stance of policy is appropriate. We see these uncertainties. We see a time where we have the luxury of being able to wait. Jerome Powell politics We believe we can best support the economy by being patient and evaluating the outlook before making any further adjustment to policy. Jerome Powell politics My only motivation is to do the right thing for the economy and the American people. That's it, the situation calls for patience ; I think it does. That stance of policy is appropriate. We see these uncertainties. We see a time where we have the luxury of being able to wait. Jerome Powell politics We are now facing a somewhat contradictory picture of generally strong U.S. macroeconomic performance alongside growing evidence of cross-currents. Common sense risk management suggests patiently waiting greater clarity. Jerome Powell business
