Jerome Powell

As you know, we work very hard to achieve diversity, and as all major American institutions, public and private, do these days, we certainly do.

Narrowly, then, I would say we are not doing that now.

Greater concerns about the virus could reduce people’s willingness to work in person, which would slow progress in the labor market and intensify supply chain disruptions.

Our best expectation is there will be modest upward pressure on prices this year, but they won't be particularly large or persistent in the future.

While primary responsibility for addressing climate change itself rests with elected officials, we are committed to working within our existing mandates and authorities to address the implications of climate change.

I think my baseline expectation is still... that inflation will move back down over the course of next year.

inflation will abate one way or the other.

I would expect to have a perfectly normal, good, constructive working relationship with a new Vice Chair for Supervision.

I would say that is how I read the law.

it is essential that diverse candidates be identified and be given every chance to do well.

We know that high inflation takes a toll on families, especially those less able to meet the higher costs of essentials, like food, housing and transportation. We will use our tools both to support the economy and strong labor market and…

it was essential for Congress to act quickly.

Our need to sustain the public's trust is the essence of our work. We want the public to understand that we work for all Americans.

My hope is that we can work together to do so again--and to build a stronger American economy for future generations.

We must address this issue to honor commitments made by this and prior Congresses, including those made to address the health and economic impact of the pandemic.

It is imperative that Congress swiftly addresses the debt limit. If it does not, America would default for the first time in history.

The trust of the American people is essential for the Federal Reserve to effectively carry out our important mission.

In my view, the most important thing is to get control of the pandemic.

I would agree that the more direct route would be to appropriately regulate stablecoins.

We are all thinking about that----and really asking ourselves whether we have the right frame of reference.

I think a lot of the racial wealth gap is traceable to housing, as you point out.

I think we are experiencing a big uptick in inflation, bigger than many expected, bigger than certainly I expected.

I have said publicly, and I think this is right, that we would want very broad support in society and in Congress.

We are not in the business of giving fiscal advice to Congress either way.

I think it is daycare coming back and reopening, being available.