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Opening Remarks

· Jerome H Powell, Chair of the Federal Reserve (United States)

Summary written by Dark Majestic in its own words · topics: financial stability

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· Jerome H Powell Wiki · Federal Reserve WikiOpening Remarks

ContextPre-recorded opening remarks by Jerome Powell at the 10th Annual U.S. Treasury Market Conference at the Federal Reserve Bank of New York.

Why it mattersPowell stresses the importance of a well-functioning Treasury market for the whole system.

Problems raised
  1. Treasury markets must function well.
  2. Stress can disrupt them.
  3. Everyone relies on them.
Solutions proposed
  1. Keep Treasury markets functioning at a high level.
  2. Continue dialogue at annual conferences.
  3. Stay dedicated to market resilience.
Read full speech on federalreserve.gov ↗

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