On the recordJuly 16, 2018
So our intention and our practice is going to be to implement the bill as quickly as we possibly can.
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congress.govSo our intention and our practice is going to be to implement the bill as quickly as we possibly can.
Jerome Powell discusses the implementation of the Economic Growth Act.
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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.
We're trying to deliver macro stability, financial stability, economic stability for the benefit of all the people.
So we didn't overreact — in fact, we didn't react at all. We're simply taking some time.