press releases · November 17, 2019

Press Release

November 18, 2019 Statement on Chair Powell's meeting with the President and the Treasury Secretary For immediate release Share At the President's invitation, Chair Powell met with the President and the Treasury Secretary Monday morning at the White House to discuss the economy, growth, employment and inflation. Chair Powell's comments were consistent with his remarks at his congressional hearings last week. He did not discuss his expectations for monetary policy, except to stress that the path of policy will depend entirely on incoming information that bears on the outlook for the economy. Finally, Chair Powell said that he and his colleagues on the Federal Open Market Committee will set monetary policy, as required by law, to support maximum employment and stable prices and will make those decisions based solely on careful, objective and non-political analysis.
Cite this document
APA
Federal Reserve (2019, November 17). Press Release. Press Releases, Federal Reserve. https://whenthefedspeaks.com/doc/press_release_20191118_statement_on_chair_powells_meeting_with_the
BibTeX
@misc{wtfs_press_release_20191118_statement_on_chair_powells_meeting_with_the,
  author = {Federal Reserve},
  title = {Press Release},
  year = {2019},
  month = {Nov},
  howpublished = {Press Releases, Federal Reserve},
  url = {https://whenthefedspeaks.com/doc/press_release_20191118_statement_on_chair_powells_meeting_with_the},
  note = {Retrieved via When the Fed Speaks corpus}
}