Jerome Powell: “We believe that this is the best way we can help set conditions in…”

On the recordJuly 16, 2018

We believe that this is the best way we can help set conditions in which Americans who want a job can find one.

Said by

Republican · District of Columbia

Source

Chair Powell outlines the Fed's approach to support employment through monetary policy.

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We may approach that point in coming months

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If we move too quickly, then we may leave the inflation job unfinished and have to come back later and finish it.

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If we move too slowly, there may be unnecessary losses, painful losses in the employment market.

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Jerome Powell: “We believe that this is the best way we can help set conditions in which Americans who want a job can find one.”