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Semiannual Monetary Policy Report to the Congress

Chairman Crapo, Ranking Member Brown, and other members of the Committee, thank you for the opportunity to present the Federal Reserve's semiannual Monetary Policy Report. Our country continues to face a difficult and challenging time, as…

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Jerome H Powell: Current economic issues

The coronavirus has left a devastating human and economic toll in its wake as it has spread around the globe. This is a worldwide public health crisis, and health-care workers have been the first responders,…

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Friedrich Hayek and the Price System

I am delighted to be back in New Haven and particularly to be in the company of so many students interested in thinking rigorously about ideas. And I am honored to be participating in the…

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Federal Reserve issues FOMC statement

Information received since the Federal Open Market Committee (FOMC) met in July indicates that the labor market remains strong and that economic activity has been rising at a moderate rate. Job gains have been solid,…

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Financial Stability – Governor Lael Brainard

Thank you, Chairman Meeks, Ranking Member Luetkemeyer, and members of the subcommittee. I appreciate the opportunity to be here today to discuss financial stability. The Federal Reserve's Role in Promoting Financial Stability Safeguarding financial stability…