Press Release

February 04, 2019 Statement on Chair Powell's and Vice Chair Clarida's meeting with the President and Treasury Secretary For release at 8:20 p.m. EST Share At the President's invitation, Chair Powell and Vice Chair Clarida joined the President and the Treasury Secretary for an informal dinner tonight in the White House residence, to discuss recent economic developments and the outlook for growth, employment and inflation. Chair Powell's comments in this setting were consistent with his remarks at his press conference of last week. He did not discuss his expectations for monetary policy, except to stress that the path of policy will depend entirely on incoming economic information and what that means for the outlook. Finally, Chair Powell said that he and his colleagues on the FOMC will set monetary policy in order to support maximum employment and stable prices and will make those decisions based solely on careful, objective and non-political analysis. For media inquiries, call 202-452-2955.

Federal Reserve (2019, February 3). Press Release. Press Releases, Federal Reserve. https://whenthefedspeaks.com/doc/press_release_20190204_statement_on_chair_powells_and_vice_chair

@misc{wtfs_press_release_20190204_statement_on_chair_powells_and_vice_chair,
  author = {Federal Reserve},
  title = {Press Release},
  year = {2019},
  month = {Feb},
  howpublished = {Press Releases, Federal Reserve},
  url = {https://whenthefedspeaks.com/doc/press_release_20190204_statement_on_chair_powells_and_vice_chair},
  note = {Retrieved via When the Fed Speaks corpus}
}