Opening Remarks
· Jerome H Powell, Chair of the Federal Reserve (United States)
Summary written by Dark Majestic in its own words · topics: trade, fragmentation and geopolitics
JH · Jerome H Powell Wiki · Federal Reserve WikiOpening RemarksContextOpening remarks by Jerome Powell at the 75th anniversary conference of the Fed's Division of International Finance in Washington, D.C.
Why it mattersThe Fed chair opens a conference on measuring geopolitical and trade uncertainty.
Problems raised- Uncertainty affects economic activity.
- Geopolitical and trade risks are hard to measure.
- Policy needs better tools.
Solutions proposed- Build new indexes for geopolitical and trade uncertainty.
- Support international economic research.
- Honour past leaders like Stanley Fischer.
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