On the recordJune 20, 2023
climate change is going to be a very important issue for a long time, and it needs to be addressed principally by elected people because it has enormous distributive consequences.
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congress.govEditor's note · Context
Powell stresses that climate change policy should be handled by elected officials, not the Fed.
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More from Jerome Powell
Jul 1, 2025
As long as the economy is in solid shape, we think the prudent thing to do is to wait and see what those effects might be.
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If we move too quickly, then we may leave the inflation job unfinished and have to come back later and finish it.
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