DealBook Summit

Jerome Powell on the Fed’s Role in America’s Financial Future

Episode Summary

The chair of the Board of Governors of the Federal Reserve System sat down to discuss the state of the U.S. economy, the importance of Fed independence, and what he expects from a second Trump administration. “Growth is definitely stronger than we thought, and inflation is coming a little higher.”

Episode Notes

The chair of the Board of Governors of the Federal Reserve System sat down to discuss the state of the U.S. economy, the importance of Fed independence, and what he expects from a second Trump administration.

“Growth is definitely stronger than we thought, and inflation is coming a little higher.”

This interview was with Andrew Ross Sorkin of The New York Times at the annual DealBook Summit and recorded live in front of an audience at Jazz at Lincoln Center. Read more about highlights from the day at https://www.nytimes.com/live/2024/12/04/business/dealbook-summit-news