Political Quotes

Jerome Powell: without the ability to pay interest on reserves, the Fed would lose control over rates

On the recordOctober 14, 2025
without the ability to pay interest on reserves, the Fed would lose control over rates
Said by
Jerome Powell
Republican · District of Columbia
Source
apnews.com
Oct 14, 2025

Editor's note · Context

Commenting on the implications of a Senate measure regarding interest on reserves.

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