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Powell: Opening Remarks

From federalreserve.gov

I am deeply honored to have been asked to speak here today about the remarkable legacy of George Shultz. Just to be clear, I will not address current economic conditions or monetary policy. I have been an admirer of George Shultz since my college years. I saw him then and now as a great role model, as I mentioned a few months ago when delivering the Baccalaureate address to Princeton's class of 2025, 50 years after my own graduation. As I told the graduates, when I faced the world after college, I had no real plan, but knew that I wanted to combine a private-sector career with public service. I had in mind a few ... (full story)

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