Federal Reserve Chair Jerome Powell recently stressed the significance of analyzing global government and central bank policies on the US economy and financial markets during a recent event, according to PANews. He highlighted that the end of the Bretton Woods system in the 1970s significantly altered how monetary policy is approached, as exchange rate management now primarily falls under the purview of the U.S. Treasury Department. He emphasized the potential for increased dollar volatility and its resulting implications for American households and businesses. However, Powell did not address specific monetary policy or economic predictions during his remarks.