Jerome Powell said...

the very low settings of interest rates that were appropriate during the crisis and after to support economic activity are no longer appropriate.

Powell explains the need to raise interest rates due to improved economic conditions.

11/27/2017

More Jerome Powell Quotes

What keeps me awake at night is how do we get that done? I want to hand over to my successor an economy in good shape, a...

The effects on inflation could be short lived — reflecting a one-time shift in the price level.

When you significantly slow the growth of the labor force, you will slow the growth of the economy.

In effect, we went on hold when we saw the size of the tariffs, and essentially all inflation forecasts for the United S...