Jerome Powell actually said...

Treasury markets are currently functioning in the efficient manner that we expect and that the stability of the financial system requires.

Powell discusses the current efficiency of Treasury markets post-COVID-19 crisis.

07/14/2021

More Jerome Powell Quotes

Growth is definitely stronger than we thought, and inflation is coming a little higher.

How will tariffs and new immigration policy affect the Fed’s mission to bring down inflation?

The Committee seeks to achieve inflation that averages 2 percent over time.

I have spent most of my career in the private sector, and what I observed was that really successful institutions in the United States--comp...