Jerome Powell actually said...

I do not know that there is a tradeoff, and I think, again--I do not want to look at the pre-crisis levels of liquidity as any kind of a benchmark.

Powell discusses the absence of a tradeoff between regulatory safety and market liquidity.

04/13/2016

More Jerome Powell Quotes

We are not and will not be a climate policymaker.

I just want to say I think my colleagues feel the same way on the Board, that we are going to guard that border carefully.

What FedNow will do is it will enable all of the banks, any bank in the United States, not just the big ones, to offer instantly-available f...

Our independence is partly founded on the idea that we will stay out of stuff that you have not assigned us to do.