LOS ANGELES--(BUSINESS WIRE)--Today, Marketplace’s Kai Ryssdal interviewed U.S. Federal Reserve Chairman Jerome Powell, in Powell’s first broadcast interview since becoming Chairman in February, 2018.
The conversation covered a variety of topics, including wages, transparency, inflation, and trade. He also reaffirmed the independence of the Federal Reserve, stating: “We do our work in a strictly nonpolitical way, based on detailed analysis, which we put on the record transparently.” He continued, “We don’t take political considerations into account.”
The full transcript of the interview is available here.
As Federal Reserve Chairman, Jerome Powell plays a vital role in steering the American economy. He was sworn in as Chairman of the Board of Governors of the Federal Reserve System in February of this year, under the Trump administration. Powell also serves as Chairman of the Federal Reserve’s Open Market Committee and the Federal Reserve System's principal monetary policymaking body. Powell was an undersecretary of the Treasury under President George H.W. Bush, with responsibility for policy on financial institutions, the Treasury debt market, and related areas. Powell joined the Federal Reserve’s Board of Governors in 2012.
Kai Ryssdal is the host and senior editor of Marketplace, the most widely heard program on business and the economy in the country. Since joining Marketplace in 2005, Kai has hosted the program, which is based in Los Angeles, from China, the Middle East and dozens of cities, big and small, across the United States, speaking regularly with CEOs of Fortune 500 companies, startup entrepreneurs, small business owners and everyday participants in the American and global economies. Kai received a 2012 Emmy for investigative journalism for a PBS “Frontline” documentary on money in politics, “Big Sky, Big Money.” Prior to his career in broadcasting, Ryssdal served in both the U.S. Navy and U.S. Foreign Service.
Marketplace® is on a mission to raise the economic intelligence of the country. Its core programs – Marketplace®, Marketplace Morning Report® and Marketplace Tech® – are currently broadcast on more than 800 public radio stations nationwide and heard by 14.8 million weekly listeners. Marketplace podcasts including Make Me Smart with Kai and Molly, The Uncertain Hour® and Corner Office can be found at Marketplace.org or on your favorite podcast app. The Marketplace portfolio of programs are produced and distributed by American Public Media®, one of the largest producers and distributors of public radio programming in the world. For more information on Marketplace, visit marketplace.org, follow us on Twitter @marketplace or like us on Facebook. For more information on American Public Media, visit americanpublicmedia.org.