Powell: Introductory Comments

From federalreserve.gov

Thank you, President Mester and Treye Johnson, and thanks to everyone for joining us. My job today is to listen, so I will keep my remarks short. But I do want to say that these conversations are incredibly valuable. They give context to reams of data and definition to a huge and complex economic picture. They also help solve problems on a practical level. Feedback from our Investing in America's Workforce initiative found a pronounced need for workforce and economic development programs to more closely align, for instance. And employers' input has influenced work across the Fed System, including the Cleveland Fed, ... (full story)