On the recordNovember 27, 2017
In our democracy, transparency and accountability must accompany that independence.
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congress.govIn our democracy, transparency and accountability must accompany that independence.
Powell emphasizes the importance of transparency and accountability in the Federal Reserve's operations.
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More from Jerome Powell
As long as the economy is in solid shape, we think the prudent thing to do is to wait and see what those effects might be.
without the ability to pay interest on reserves, the Fed would lose control over rates
What keeps me awake at night is how do we get that done? I want to hand over to my successor an economy in good shape, and so do all of my colleagues, that's all we ever want.