Published Date
Mar 03, 2021
REUTERS:
Fed officials emphasize policy 'patience' as outlook improves
At a separate event, San Francisco Fed President Mary Daly struck a similar tone.
“Our most important virtue will be patience,” she told the Economic Club of New York. “We will need to continually and patiently reassess what the labor market is capable of and avoid preemptively tightening monetary policy before millions of Americans have an opportunity to benefit.”
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Published Date
Feb 16, 2021
BLOOMBERG:
The Magic of a Full-Employment Economy
Federal Reserve Chair Jerome Powell is nobody’s idea of a radical. But in his speech last week to the Economic Club of New York, he articulated an idea that upends generations of conventional wisdom and sets the stage not only for the Fed’s approach to the current economic crisis but also for President Joe Biden’s.
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Published Date
Feb 11, 2021
US NEWS & WORLD REPORT:
Powell's Valentine to the Fed: 'I Love My Job'
With Valentine's Day just around the corner, and less than a year to go in his four-year term, Federal Reserve Chair Jerome Powell on Wednesday declared his love for the job - just as President Joe Biden may be weighing whether to let him keep it.
"Is your job fun?" Harvard professor Greg Mankiw asked Powell at the end of an hour-long virtual appearance at the Economic Club of New York.
"Yes, it is. I love my job," Powell said. "It’s a chance to do work that I think helps people."
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Published Date
Feb 11, 2021
Published Date
Feb 11, 2021
MARKET WATCH:
The Nasdaq Composite COMP, -0.05% fell 0.3% to 13,973. Powell said he was committed getting Americans back to work, in remarks made to the Economic Club of New York. Shares of Coca-Cola Co. KO, 1.72% fell slightly after delivering earnings and revenue Wednesday morning that topped Wall Street expectations.
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