Federal Reserve Chair’s Keynote Address

Federal Reserve Chair Jerome Powell spoke at the National Association for Business Economics conference in Philadelphia on Tuesday, emphasizing the Fed’s commitment to its mission and the importance of effective monetary policy in stabilizing the economy.

Focus on Economic Stability

Powell reiterated that the Federal Reserve’s primary goal is to ensure economic stability. He highlighted the challenges ahead, including inflation and employment, and underscored the necessity for data-driven decision-making to navigate these issues effectively.