Jerome Powell said...

We want, in particular, the GSIBs, the eight largest banks, to have high levels, very high levels of capital and liquidity.

Powell advocates for high capital and liquidity levels in major banks.

06/21/2023

More Jerome Powell Quotes

We do expect to see more of that over the course of the summer.

We’re trying to deliver macro stability, financial stability, economic stability for the benefit of all the people.

The things that are sold at retail now might have been put into inventory before the tariffs, so we think we should see ...

The effects on inflation could be short lived — reflecting a one-time shift in the price level.