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.
Source
congress.govJerome Powell: “I think it has implications for all of those things, because we know that the transition to a lower-carbon economy may…”
Editor's note · Context
Chair Powell acknowledges climate change's impact on financial stability and asset pricing.
Share
More from Jerome Powell
Oct 14, 2025
If we move too slowly, there may be unnecessary losses, painful losses in the employment market.
Jun 3, 2026
We do not take into account the fortunes of any political party or politician.
Oct 14, 2025
The outlook for employment and inflation does not appear to have changed much since our September meeting
Other voices in this conversation
