On the recordJanuary 12, 2022
the possibility of financial stability disruptions from physical risks, quote, 'doesn't seem likely in the near term,' end quote.
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congress.govthe possibility of financial stability disruptions from physical risks, quote, 'doesn't seem likely in the near term,' end quote.
Powell comments on the low likelihood of financial disruptions from physical climate risks.
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More from Jerome Powell
I have a little more than 10 months left on my term as chair, and all I want, and all anyone at the Fed wants, is to deliver an economy that has price stability, maximum employment, financial stability.