On the recordApril 13, 2016
It is very clear that banks have reduced their portfolios of fixed-income securities.
Source
congress.govIt is very clear that banks have reduced their portfolios of fixed-income securities.
Powell confirms banks are reducing fixed-income securities portfolios.
Share
More from Jerome Powell
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.
Tariffs this year are likely to push up prices and weigh on economic activity.