Top 10 Jerome Powell Quotes
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While monetary policy can contribute to growth by supporting a durable expansion in a context of price stability, it cannot reliably affect the long-run sustainable level of the economy's growth.
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.
More regulation is not the best answer to every problem.
The GSEs became powerful advocates for their own bottom lines, providing substantial financial support for political candidates who supported the GSE agenda.
Legislative reforms in the 1990s and the public/private structure led managements to expand the GSEs' balance sheets to enormous size, underpinned by wafer-thin slivers of capital, driving high shareholder returns and very high compensation for management.
Long experience, in the United States and in other advanced economies, has demonstrated that monetary policy is most successful when decisions are rendered independent of influence by elected officials.
The Federal Reserve is committed to fulfilling our statutory mandate of stable prices and maximum employment.
The success of monetary policy should be judged by the economy's performance against our statutory mandates of price stability and maximum employment.
I am unable to think of any critical, complex human activity that could be safely reduced to a simple summary equation.
No single housing finance institution should be too big to fail.
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Today's Quote
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फिर उड़ गयी नींद ये सोच कर की ,.!!!
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Today's Joke
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Joke Of The DayToday's Prayer
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