NEW UPDATE 🚨 Federal Reserve Chair Jerome Powell Marks 75 Years of IF Division Service
June 2, 2025 — In a concluding statement at the Federal Reserve’s International Finance Division 75th Anniversary Conference, Chair Jerome Powell expressed gratitude to the IF Division staff for their decades of service supporting Federal Reserve chairs and Board members.
Powell acknowledged the Division’s essential contributions over the past 75 years, particularly in preparing policymakers for international engagements, accompanying officials abroad, and fostering crucial relationships with global counterparts. He emphasized how this work has played an integral role in advancing the Federal Reserve’s dual mandate of promoting maximum employment and maintaining price stability.
As expected, Powell made no comments regarding interest rate decisions or his own tenure at the central bank. The event was designed as a commemorative occasion, not a policy-setting platform.