92 Quotes by Jerome Powell

We need a resilient, well-capitalized, well-regulated financial system that is strong enough to withstand even severe shocks and support economic growth by lending through the economic cycle.

My own experience is that the best outcomes are reached when opposing viewpoints are clearly and strongly presented before decisions are made.

We do take seriously our obligation to assess whether our reforms are achieving their desired effects without imposing unnecessary burden.

Central banking often comes across as obscure and complicated, and we try to help the public understand what we do.

More regulation is not the best answer to every problem.

Below-target inflation increases the real value of debts owed by households and businesses and reduces the ability of central banks to respond to downturns.

The overwhelming majority of new mortgages are issued with government backing in a highly concentrated securitization market. That leaves us with both potential taxpayer liability and systemic risk.

The only way to ensure that inflation expectations remain safely anchored near the FOMC's target is to keep inflation close to that target on a consistent basis.

The financial crisis and the Great Recession left firms with excess capacity, reducing incentives to invest. If businesses expect slower growth to continue, that will also hold down investment.