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The financial crisis and the Great Recession posed the most significant macroeconomic challenges for the United States in a half-century, leaving behind high unemployment and below-target inflation and calling for highly accommodative monetary policies.
— Jerome Powell
Tags: high, unemployment, challenges, great

Other Quotes by "Jerome Powell"

My own experience is that the best outcomes are reached when opposing viewpoints are clearly and strongly presented before decisions are made.
— Jerome Powell
Tags: own, my-own, experience, best
Loss-absorbing capacity among banks is substantially higher as a result of both regulatory requirements and stress testing exercises.
— Jerome Powell
Tags: capacity, testing, result, stress
The Federal Reserve is committed to fulfilling our statutory mandate of stable prices and maximum employment.
— Jerome Powell
Tags: fulfilling, reserve, employment, our
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.
— Jerome Powell
Tags: borders, economic, financial, world
As with so many sectors of the economy, technology is transforming the retail banking sector.
— Jerome Powell
Tags: many, economy, banking, technology
View More by "Jerome Powell"
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