On the recordMarch 7, 2023
We are not and will not be a climate policymaker.
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congress.govWe are not and will not be a climate policymaker.
Powell emphasizes the Fed's limited role in climate policy.
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The public would lose faith that the central bank will make decisions based only on what’s best for all Americans.
If we move too slowly, there may be unnecessary losses, painful losses in the employment market.