Jerome Powell Quotes

Biography: Jerome Powell is known for serving as the Chair of the Federal Reserve... more Biography: Jerome Powell is known for serving as the Chair of the Federal Reserve since February 2018. Born in 1953 in Washington, D.C., he graduated from Princeton and Georgetown Law. Powell has a background in investment banking and public service. Under his leadership, the Fed navigated significant economic challenges including the COVID-19 pandemic. less

"The pandemic is causing tremendous human and economic hardship""The economic downturn has not fallen equally on all Americans""We will adjust policies as economic conditions evolve""Achieving maximum employment and price stability will require a patient approach""The path of the economy continues to depend significantly on the course of the virus.""Our economy is growing and the outlook is strong, which are very positive signs.""The Federal Reserve's response to the crisis has been guided by our mandate to promote maximum employment and stable prices.""We are committed to using our full range of tools to support the economy and help ensure that the recovery is as robust as possible.""Price stability is essential for the economy to realize its potential and to have sustainable growth.""Monetary policy is a powerful tool, but it cannot solve every economic problem.""We understand that our actions affect communities, families, and businesses across the country."

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