On the recordFebruary 28, 2018
We need to get on a sustainable fiscal path.
Source
congress.govWe need to get on a sustainable fiscal path.
Powell emphasizes the importance of sustainable fiscal policies for the economy.
Share
More from Jerome Powell
We’re trying to deliver macro stability, financial stability, economic stability for the benefit of all the people.
As long as the economy is in solid shape, we think the prudent thing to do is to wait and see what those effects might be.
When you significantly slow the growth of the labor force, you will slow the growth of the economy.
without the ability to pay interest on reserves, the Fed would lose control over rates