92 Quotes by Jerome Powell

By fostering the economic health and vitality of local communities throughout the country, community banks play a central role in our national economy. One important aspect of that role is to serve as a primary source of credit for the small businesses that are responsible for creating a substantial proportion of all new jobs.

There is certainly a role for regulation, but regulation should always take into account the impact that it has on markets, a balance that must be constantly weighed.

The financial crisis involved significant failures in the functioning, regulation, and supervision of OTC derivatives markets.

We understand that America's prosperity is bound up with the prosperity of other nations, including emerging market nations.

As with so many sectors of the economy, technology is transforming the retail banking sector.

Emerging market economies have long grappled with the challenges posed by large and volatile cross-border capital flows.

All economic forecasts are subject to considerable uncertainty. There is always a wide range of plausible outcomes for important economic variables, including the federal funds rate.

In a world of global trade and integrated capital markets, it is natural for economic and financial shocks and policy actions to be transmitted across borders.

The sale of Treasury bonds, notes, and bills finances the U.S. government, and those securities are, in turn, a primary vehicle for savings for a wide range of U.S. households. Treasury securities are also an important source of collateral within the financial system.