On the recordJanuary 10, 2022
I do think the main thing that we can do is to make sure that, you know, consistent with the inflation side of our mandate that we do foster a strong employment market.
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congress.govI do think the main thing that we can do is to make sure that, you know, consistent with the inflation side of our mandate that we do foster a strong employment market.
Powell discusses the Fed's role in fostering a strong employment market.
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Job growth, he said, has slowed considerably and that the downside risks to employment are rising.
I have a little more than 10 months left on my term as chair, and all I want, and all anyone at the Fed wants, is to deliver an economy that has price stability, maximum employment, financial stability.