Jerome H Powell: Monetary policy accommodation, risk-taking, and spillovers Speech by Mr Jerome H Powell, Member of the Board of Governors of the Federal Reserve System, at the Global Research Forum on International Macroeconomics and Finance, Washington DC, 14 November 2014.
It is important that the government, for its part, make efforts to take measures, for example, to increase labor supply and proceed with regulatory reforms that will lead to tapping of potential demand and increasing value-added.