On the recordJuly 9, 2019
I think our economy has been market-based, and I think that has served the public well.
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congress.govI think our economy has been market-based, and I think that has served the public well.
Powell supports the market-based economy as beneficial for the public.
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We're trying to deliver macro stability, financial stability, economic stability for the benefit of all the people.
When you significantly slow the growth of the labor force, you will slow the growth of the economy.
If we're going to do that successfully, we need to do it in a completely nonpolitical way, which means we don't take sides, we don't play one side against the other, we stay out of issues that are really not our bailiwick.