2018 Economic Calendar
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Fed Chair Speech  
Released On 5/25/2018 9:20:00 AM For 5/25/2018 9:20:00 AM

Description
Federal Reserve Chairman Jerome Powell to participate in a panel discussion of "Financial Stability and Central Bank Transparency" at the "Sveriges Riskbank Conference: 350 Years of Central Banking - The Past, The Present and The Future" in Stockholm, Sweden.

Highlights
Jerome Powell is underscoring the importance of the Fed's independence in its efforts to manage the economy, referring to the 1970s when lack of independence led to runaway inflation. Powell also noted that the Fed's forward guidance, which is important during a crisis and which helped the economy emerge from the last recession, is likely to play a smaller role in the future.


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