Market Overview

U.S. Federal Reserve Chairman Jerome Powell Completes First Broadcast Interview as Chairman with Marketplace's® Kai Ryssdal


Powell shares insight on wages, trade and reaffirms independence of
the Federal Reserve

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.

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.

About 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 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,
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or like us on Facebook.
For more information on American Public Media, visit

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