Jerome H. Powell : Best Quotes, Captions

Jerome H. Powell : Best Quotes, Captions

Negative Rates Are Not an Option

  • More regulation is not the best answer to every problem.
  • 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.
  • As long as global financial conditions normalize in an orderly fashion, EMEs should have sufficient time to adjust.
  • We do take seriously our obligation to assess whether our reforms are achieving their desired effects without imposing unnecessary burden.
  • Businesses and households react to lower rates by investing and spending more. Lower rates also support the prices of housing and financial assets such as stocks and bonds.
  • Community banks are a crucial part of our economy and the fabric of our society.
  • The financial crisis involved significant failures in the functioning, regulation, and supervision of OTC derivatives markets.
  • The Congress has tasked the Federal Reserve with achieving stable prices and maximum employment – the dual mandate.
  • I am unable to think of any critical, complex human activity that could be safely reduced to a simple summary equation.
  • Emerging market economies have long grappled with the challenges posed by large and volatile cross-border capital flows.