On the recordJuly 23, 2025
It is a big risk to our independence if we were to stray into areas where we shouldn’t that really aren’t part of our mandate.
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newrepublic.comIt is a big risk to our independence if we were to stray into areas where we shouldn’t that really aren’t part of our mandate.
Powell discusses the risks of the Federal Reserve addressing climate change.
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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.
From my standpoint, it’s not complicated. What everyone on the [Federal Open Market Committee] wants is a good, solid American economy with strong labor market and price stability. That’s what we want.
The effects on inflation could be short lived — reflecting a one-time shift in the price level.