Jerome Powell
👤 SpeakerAppearances Over Time
Podcast Appearances
Looking ahead, the new administration is in the process of implementing significant policy changes in four distinct areas. Trade, immigration, fiscal policy, and regulation. It is the net effect of these policy changes that will matter for the economy and for the path of monetary policy.
While there have been recent developments in some of these areas, especially trade policy, uncertainty around the changes and their likely effects remains high. As we parse the incoming information, we are focused on separating the signal from the noise as the outlook evolves. We do not need to be in a hurry, and we are well positioned to wait for greater clarity.
While there have been recent developments in some of these areas, especially trade policy, uncertainty around the changes and their likely effects remains high. As we parse the incoming information, we are focused on separating the signal from the noise as the outlook evolves. We do not need to be in a hurry, and we are well positioned to wait for greater clarity.
Law changes, no. I'm not aware of any law changes.
Law changes, no. I'm not aware of any law changes.
Law changes, no. I'm not aware of any law changes.
Not that I'm aware of.
Not that I'm aware of.
Not that I'm aware of.
Well, they'd have all the regulators except for the CFPB.
Well, they'd have all the regulators except for the CFPB.
Well, they'd have all the regulators except for the CFPB.
If, in fact, in the hypothetical, the CFPB weren't carrying that out.
If, in fact, in the hypothetical, the CFPB weren't carrying that out.
If, in fact, in the hypothetical, the CFPB weren't carrying that out.
Law changes? No, I'm not aware of any law changes.
Law changes? No, I'm not aware of any law changes.
Law changes? No, I'm not aware of any law changes.
Well, they'd have all the regulators except for the CFPB. Very good. If, in fact, in the hypothetical, the CFPB weren't carrying that out.
Well, they'd have all the regulators except for the CFPB. Very good. If, in fact, in the hypothetical, the CFPB weren't carrying that out.