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Fed Chair Powell Speaks at Economic Symposium Entitled 'Advance Together: Celebrating the Achievements of Texas Community Partnerships'
August 24, 2024
JACKSON HOLE, Wyoming, Aug. 24 -- The Federal Reserve issued the following speech by Chair Jerome H. Powell at an economic symposium entitled "Reassessing the Effectiveness and Transmission of Monetary Policy", which was sponsored by the Federal Reserve Bank of Kansas City:

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Four and a half years after COVID-19's arrival, the worst of the pandemic-related economic distortions are fading. Inflation has declined significantly. The labor market is no longer . . .

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