Jerome Powell said...

we don't see it as at all appropriate for us to tell banks what legal businesses they can lend to; that is not our role.

Powell emphasizes the Fed's role in not dictating bank lending practices.

06/20/2023

More Jerome Powell Quotes

There are no new water features, there’s no beehives, and there’s no roof terrace gardens

Tariffs this year are likely to push up prices and weigh on economic activity.

What keeps me awake at night is how do we get that done? I want to hand over to my successor an economy in good shape, a...

If we move too quickly, then we may leave the inflation job unfinished and have to come back later and finish it.