On the recordFebruary 2, 2022
I think it has implications for all of those things, because we know that the transition to a lower-carbon economy may lead to a sudden repricing of assets or entire industries.
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congress.govI think it has implications for all of those things, because we know that the transition to a lower-carbon economy may lead to a sudden repricing of assets or entire industries.
Chair Powell acknowledges climate change's impact on financial stability and asset pricing.
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without the ability to pay interest on reserves, the Fed would lose control over rates
We’re trying to deliver macro stability, financial stability, economic stability for the benefit of all the people.
We're trying to deliver macro stability, financial stability, economic stability for the benefit of all the people.