On the recordMarch 19, 2012
I have grown increasingly concerned about our ever more unsustainable fiscal position.
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congress.govI have grown increasingly concerned about our ever more unsustainable fiscal position.
Powell shares concerns about the fiscal state of the economy.
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More from Jerome Powell
the outlook for employment and inflation does not appear to have changed much since our September meeting
When you significantly slow the growth of the labor force, you will slow the growth of the economy.
Stopping sooner could have made some difference, but not likely enough to fundamentally alter the trajectory of the economy
I have a little more than 10 months left on my term as chair, and all I want, and all anyone at the Fed wants, is to deliver an economy that has price stability, maximum employment, financial stability.