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We need to move away from very low interest rates. They're not appropriate for the current situation in the economy. - Jerome Powell
" "We need to move away from very low interest rates. They're not appropriate for the current situation in the economy.
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About Jerome Powell
Jerome Hayden Powell (born February 4, 1953), also known as "Jay", is an American economic advisor, lawyer, and former investment banker serving as the 16th chair of the Federal Reserve. He was nominated to the Board of Governors in 2012 by President Barack Obama, and subsequently nominated as chair by President Donald Trump, confirmed in each case by the United States Senate.
Also Known As
Alternative Names:
Jerome H. Powell
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Jerome Hayden Powell
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Jay Powell