Federal Reserve Chair Jerome Powell on the U.S. Economy
Federal Reserve Chair Jerome Powell discussed the U.S. economy and policies at an event hosted by the Council on Foreign Relations in New Yo… read more
Federal Reserve Chair Jerome Powell discussed the U.S. economy and policies at an event hosted by the Council on Foreign Relations in New York City. He said the central bank was likely to ease back on interest rates in the near future as global economic challenges loomed ahead. Following his remarks, he took part in a moderated question-and-answer session with Neil Irwin, the New York Times economic correspondent, and talked more about the Fed’s role in shaping the American economy. In response to an audience question about political pressures facing the Federal Reserve Board of Governors during the Trump administration, Mr. Powell said the board was committed to its independence, much like its counterparts in other leading world economies. close
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