· Jerome H Powell Wiki · Federal Reserve WikiWelcoming Remarks
Read full speech on federalreserve.gov ↗ContextPre-recorded welcoming remarks by Jerome Powell at the 2022 Community Banking Research Conference in St. Louis, Missouri.
Why it mattersPowell backs research on small local lenders.
Problems raised
- Community banks face changing challenges.
- Research on community banking is needed.
- Their role must be understood.
Solutions proposed
- Support community banking research.
- Hold annual conferences.
- Adapt policy to community banks.