Political Quotes

Jerome Powell: price stability is half of our mandate.

On the recordJanuary 10, 2022
price stability is half of our mandate.
Said by
Jerome Powell
Republican · District of Columbia

Editor's note · Context

Powell clarifies that price stability and maximum employment are equally important mandates.

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It is a big risk to our independence if we were to stray into areas where we shouldn’t that really aren’t part of our mandate.

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