Jerome Powell

But for now, it does seem like it's a fairly clear decision for us to wait and see and watch.

I'm today not going to be sending any signals about the timing of any future actions.

I'm today not going to be sending any signals about the timing of any future actions.

I'm today not going to be sending any signals about the timing of any future actions.

But there really there's no limit on how much of that we can do other than that it must meet the tests under the law. There is no limit.

But there really there's no limit on how much of that we can do other than that it must meet the tests under the law. There is no limit.

But there really there's no limit on how much of that we can do other than that it must meet the tests under the law. There is no limit.

You know, we don't have authority, I don't believe, to lend to state and local governments.

You know, we don't have authority, I don't believe, to lend to state and local governments.

You know, we don't have authority, I don't believe, to lend to state and local governments.

I don't think we want that authority. I think that's something for Congress to do.

I don't think we want that authority. I think that's something for Congress to do.

I don't think we want that authority. I think that's something for Congress to do.

And joining us now in a rare and exclusive live interview is Jerome Powell.

And joining us now in a rare and exclusive live interview is Jerome Powell.

And joining us now in a rare and exclusive live interview is Jerome Powell.

In many cases, what people really need is direct fiscal support rather than a loan. And what we can do is loan. So there's a big need for fiscal policy. So tell me about that.

In many cases, what people really need is direct fiscal support rather than a loan. And what we can do is loan. So there's a big need for fiscal policy. So tell me about that.

In many cases, what people really need is direct fiscal support rather than a loan. And what we can do is loan. So there's a big need for fiscal policy. So tell me about that.

What we're going to do at the Fed is keep our heads down and keep working, wait to see what new policies emerge, and try to make a thoughtful, sensible set of policies on our part once we understand the implications of those.