Jerome Powell: The economic outlook and monetary policy

Speech by Mr Jerome H Powell, Member of the Board of Governors of the Federal Reserve System, at the Forecasters Club of New York Luncheon, New York City, 22 February 2017.

Central bank speech  | 
07 March 2017

The Economic Outlook and Monetary Policy

Thank you for this invitation to speak here today. I will begin by taking stock of the progress of the U.S. economy. I will then discuss longer-term challenges for the economy and wrap up with a discussion of monetary policy. As usual, my comments reflect my own views and not necessarily those of my colleagues on the Federal Open Market Committee (FOMC).