On the recordMarch 7, 2023
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.
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congress.govI just want to say I think my colleagues feel the same way on the Board, that we are going to guard that border carefully.
Powell reassures that the Fed will avoid overstepping into policymaking roles.
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If we move too slowly, there may be unnecessary losses, painful losses in the employment market.
If we're going to do that successfully, we need to do it in a completely nonpolitical way, which means we don't take sides, we don't play one side against the other, we stay out of issues that are really not our bailiwick.