News

Fed Chairman Powell: My intention is not to intervene.

Fed Chairman Powell: The reason I stay is because of the steps the government has taken.

Federal Reserve Chairman Powell: It is very difficult to reach consensus with 19 strong-willed people (colleagues).

Fed Chairman Powell: It is extremely important that the Fed must not get involved in politics.

Fed Chairman Powell: I don’t agree with the (Trump) administration’s approach.

Fed Chairman Powell: I will leave the Fed when I think it is appropriate.

Fed Chairman Powell: The government’s legal actions are unprecedented.

Fed Chairman Powell: It’s important that people can rely on the Fed and not be influenced by politics.

Federal Reserve Chairman Powell: I will continue to serve as a governor of the Federal Reserve for a period to be determined. He will serve as a director in a low-key manner.

Fed Chairman Powell: I stand by my position and will not leave until the Department of Justice investigation is completely concluded. Will continue to serve as director after May 15th.

Fed Chairman Powell: I stand by my position and will not leave until the Department of Justice investigation is completely concluded.

Federal Reserve Chairman Powell: Welcoming the Department of Justice’s announcement last Friday (withdrawing the investigation into Powell). Over the past weekend, the Department of Justice provided assurances that the investigation would not be reopened unless there was a criminal referral.

Federal Reserve Chairman Powell: Inflation has increased recently and is at a high level.

Fed Chairman Powell: The economic outlook is highly uncertain.

Fed Chairman Powell: Long-term inflation expectations are consistent with the 2% target.

Federal Reserve Chairman Powell: The expansion of economic activity is solid.

Fed Chairman Powell: Inflation expectations have increased recently.

Fed Chairman Powell: The unemployment rate has not changed much.

Fed Chairman Powell: Labor demand has weakened.

Fed Chairman Powell: Consumer spending is resilient.