Archive · 2 Dec 2025
Powell avoids economic comments at Stanford speech
Jerome Powell, the head of the US Federal Reserve, gave a speech at Stanford University.
He didn't talk about the economy or money rules, which the Fed will decide later.
Instead, he talked about George Shultz, a former important government official.
Powell said Shultz was very good at his job and handled big problems well.
Powell was there to talk about Shultz's good work and achievements.
The Fed will make important decisions about money later this month.
Jerome Powell, US Federal Reserve Chair, avoided discussing current economic conditions and monetary policy at a Stanford University event.
Powell was speaking at the Hoover Institution for the George P. Shultz Memorial Lecture Series.
He praised George Shultz, former US Secretary of State, for his successful policymaking career.
Powell's remarks come ahead of the Fed's monetary policy meeting later this month.
Powell focused on Shultz's legacy and his impact on major issues of his time.
- Who
- Jerome Powell, US Federal Reserve Chair
- What
- Avoided discussing current economic conditions and monetary policy
- When
- Monday, ahead of the Fed's monetary policy meeting later this month
- Where
- Hoover Institution at Stanford University
- Why
- To honor George Shultz's legacy
- Speaker
- Jerome Powell
- Event
- Hoover Institution at Stanford University
- Topic
- George P. Shultz Memorial Lecture Series
- Focus
- George Shultz's legacy
- Monetary Policy Meeting
- Later this month
