Jerome Powell said...

The buck stops at the board on supervision, not at San Francisco Reserve Bank, although they are involved.

Powell emphasizes accountability in bank supervision lies with the board, not just the local reserve.

06/21/2023

More Jerome Powell Quotes

Part of that is due to the start-stop nature of the tariffs that have been introduced.

the path of policy will depend entirely on incoming economic information and what that means for the outlook.

[It] doesn’t affect doing our job at all. We're always going to consider only the economic data, the outlook, the balanc...

monetary policy decisions would be based solely on careful, objective, and non-political analysis