As a public institution, we must be transparent about our actions so that the public, through its elected representatives, can hold us accountable.
Jerome Powell
The Public Record
Jerome Powell is the 16th Chair of the Federal Reserve, having been appointed to the position in February 2018. He is a member of the Republican Party and has played a significant role in shaping U.S. monetary policy during his tenure. Powell's leadership has been marked by efforts to navigate the economy through challenges such as inflation and employment fluctuations, particularly in the wake of the COVID-19 pandemic. He has emphasized the importance of balancing the pace of monetary policy adjustments to avoid both inflationary pressures and job losses in the labor market.
I am strongly committed to that framework of transparency and accountability.
I would say in a range--you know, the truth is that there are big uncertainty bands around these forecasts.
I would also like to express my gratitude to President Trump for the confidence he has shown by nominating me to serve as Chairman of the Board of Governors of the Federal Reserve System.
In our democracy, transparency and accountability must accompany that independence.
Ultimately, as we are nearing full employment and everybody is back to work, it will then--at that point, it will come down to productivity.





