On the recordJune 20, 2023
the important decisions about climate change need to be made by elected people, not by the Fed.
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congress.govthe important decisions about climate change need to be made by elected people, not by the Fed.
Powell emphasizes that climate change decisions should be made by elected officials, not the Federal Reserve.
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the outlook for employment and inflation does not appear to have changed much since our September meeting
Job growth, he said, has slowed considerably and that the downside risks to employment are rising.
without the ability to pay interest on reserves, the Fed would lose control over rates