Powell Expresses Optimism for Collaboration with Incoming Administration

Federal Reserve Chair Jerome Powell expressed optimism about his collaboration with the incoming administration during the New York Times DealBook Summit. Emphasizing the importance of strong institutional relationships, Powell highlighted his commitment to continuity in economic policy as the Fed navigates challenges like inflation and global uncertainties. His confidence in ongoing economic growth and effective cooperation with the Treasury Department will be crucial for the U.S. economy’s stability in the coming months.