A Quote by Jerome Powell

The success of monetary policy should be judged by the economy's performance against our statutory mandates of price stability and maximum employment.

Jerome Powell

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Against Economy Employment Judged Mandates Maximum Monetary Monetary Policy Our Performance Policy Price Price Stability Should Stability Success

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Jerome Powell
American - Public Servant
Born: February 4, 1953

The Federal Reserve's monetary policy objective is to foster maximum employment and price stability. In this regard, a key challenge is to assess just how far the economy now stands from the attainment of its maximum employment goal.

Janet Yellen

If I am confirmed, I am confident that my colleagues on the Federal Open Market Committee and I will maintain the focus on long-term price stability as monetary policy's greatest contribution to general economic prosperity and maximum employment.

Ben Bernanke

The Federal Open Market Committee (FOMC) is committed to policies that promote maximum employment and price stability, consistent with our mandate from Congress.

Janet Yellen

While monetary policy can contribute to growth by supporting a durable expansion in a context of price stability, it cannot reliably affect the long-run sustainable level of the economy's growth.

Jerome Powell

The Federal Reserve is committed to fulfilling our statutory mandate of stable prices and maximum employment.

Jerome Powell

I am strongly committed to pursuing the dual goals that Congress has assigned us: maximum employment and price stability.

Janet Yellen

Our mission, as set forth by the Congress is a critical one: to preserve price stability, to foster maximum sustainable growth in output and employment, and to promote a stable and efficient financial system that serves all Americans well and fairly.

Ben Bernanke

Monetary policy will, as always, respond to the economy's twists and turns so as to promote, as best as we can in an uncertain economic environment, the employment and inflation goals.

Janet Yellen

Achieving price stability is not only important in itself, it is also central to attaining the Federal Reserve's other mandate objectives of maximum sustainable employment and moderate long-term interest rates.

Ben Bernanke

Of course I welcome all the normalization of monetary policy. I think monetary policy should be normal.

Elvira Nabiullina

Poland is one of the few countries that can afford to conduct a conventional monetary policy and that means we have to act against the buildup of imbalances in the economy.

Marek Belka

My bottom line is that monetary policy should react to rising prices for houses or other assets only insofar as they affect the central bank's goal variables - output, employment, and inflation.

Janet Yellen

The Federal Reserve's objectives of maximum employment and price stability do not, by themselves, ensure a strong pace of economic growth or an improvement in living standards. The most important factor determining living standards is productivity growth, defined as increases in how much can be produced in an hour of work.

Janet Yellen

I've always believed in expansionary monetary policy and if necessary fiscal policy when the economy is depressed.

Paul Krugman

One factor that favors easier adjustment in EMEs is that U.S. monetary policy normalization has been and should continue to be gradual, as long as the U.S. economy evolves roughly as expected.

Jerome Powell

Inflation is certainly low and stable and, measured in unemployment and labour-market slack, the economy has made a lot of progress. The pace of growth is disappointingly slow, mostly because productivity growth has been very slow, which is not really something amenable to monetary policy. It comes from changes in technology, changes in worker skills and a variety of other things, but not monetary policy, in particular.

Ben Bernanke

A Quote by Jerome Powell

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