Jerome Powell actually said...

the 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.

01/12/2022

More Jerome Powell Quotes

What's tended to happen is when there's turmoil in the Middle East, you may see a spike in energy prices.

We do expect to see more of that over the course of the summer.

Many, many companies do expect to put all or — some of the effect of tariffs through to the next person in the chain, and ultimately, to the...

Today, the amount of the tariff effects — the size of the tariff effects, their duration and the time it will take are all highly uncertain.