Welcoming Remarks
· Jerome H Powell, Chair of the Federal Reserve (United States)
Summary written by Dark Majestic in its own words · topics: financial stability
JH · Jerome H Powell Wiki · Federal Reserve WikiWelcoming RemarksContextWelcoming remarks by Jerome Powell at the Fed research conference on the international roles of the U.S. dollar in Washington, D.C.
Why it mattersPowell opens research on the greenback's global use.
Problems raised- The dollar's international role needs study.
- Swap lines were critical in crises.
- Global financial stability depends on the dollar.
Solutions proposed- Research the dollar's international roles.
- Use swap lines in crises.
- Host expert conferences.
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