Fed Governor Jerome "Jay" Powell has provided extensive views on monetary policy, financial markets, the economy and even bitcoin this year.
We combed through all of Powell's speeches and appearances on CNBC, putting together the best segments below where the Fed governor revealed his thoughts.
On limitations of monetary policy
"While monetary policy can contribute to growth by supporting a durable expansion in a context of price stability, it cannot reliably affect the long-run sustainable level of growth." — Powell speech at the Economic Club of New York on June 1, 2017.
On success of post-crisis easy monetary policy
"After a tumultuous decade, the economy is now close to full employment and price stability. The problems that some commentators predicted have not come to pass. Accommodative policy did not generate high inflation or excessive credit growth; rather, it helped restore full employment and return inflation closer to the 2 percent goal. The current discussions of normalization are a result of that success." — Powell speech at the Economic Club of New York on June 1, 2017.
On December rate hike support
"I would say that if the economy continues broadly on the path it's on, I can see a couple more rate increases this year which would be a total of three." — Powell interview with Steve Liesman on "Squawk on the Street" on June 1, 2017.
On outlook for monetary policy
"You've got for the first time in quite a while synchronized growth around the world, you've got a dollar that is flat to down, you've got commodity prices up, and you have really significant reduction in downward pressure on the Chinese currency. So all of this I think is taking place against a backdrop where as long as this backdrop sustains, it's likely that the process of normalization will proceed without significant disruptions."— Powell speech in Washington at the Institute for International Finance on Oct. 12, 2017.
On global economic growth
"It bears remembering that Fed policy normalization is occurring not in isolation, but in the context of a solid U.S. economic recovery, which should benefit all economies around the world." — Powell speech in Washington at the Institute for International Finance on Oct. 12, 2017.
On financial regulation
"The post crisis reform program has been mostly completed and has mostly been successful. I think it's our obligation now, as we reach completion of it, to look back over it and ask what aspects of it may be redundant or inefficient or utterly essential and should be protected down to every letter. But there are going to be some adjustments and I think that's only appropriate." — Powell interview with Steve Liesman on "Squawk on the Street" on June 1, 2017.
On modest growth from tax reform
"You think about a tax cut that might be in the range of 1 percent of GDP. It would raise GDP by a fraction of GDP, you know, over a period of two or three years." — Powell interview with Steve Liesman on "Squawk on the Street" on June 1, 2017.
On inflation missing targets
"Inflation is a little bit below target and it's kind of a mystery, you would've expected given how that we're getting tighter labor markets that you'd have a little bit higher inflation. I think what that gives us is the ability to be patient." — Powell interview with Steve Liesman in Jackson Hole, Wyoming, on Aug. 25, 2017.
On the strong labor market
"I think the economy is strong, we're growing at more than 2 percent. The labor market's very strong, we keep improving, you know great job numbers and unemployment is down to 4.3 percent." — Powell interview with Steve Liesman in Jackson Hole, Wyoming, on Aug. 25, 2017.
On the U.S. dollar
"We don't have a perspective on the right level of the dollar. We take the dollar as an exogenous element that comes into our forecast. That's what we do. So, we don't talk about that. It's not our job. We try to stick to our knitting and the level of the dollar relative to Chinese currency would be the definition of something that is not our knitting." — Powell speech at the Economic Club of New York on June 1, 2017.
On bitcoin
"Nothing against bitcoin, nothing against you know, private currencies. … We generally look at some of the risk of cryptocurrencies associated with money laundering and those sorts of issues but we're not broadly opposed or supportive of alternative currencies. I think from a Fed standpoint, I would say I am very cautious on the idea of a Fed digital currency. That's something central banks are generally looking at, but I would say my approach to that would be very, very cautious." — Powell speech at the Economic Club of New York on June 1, 2017.
— CNBC's Tae Kim contributed to this report.