Central Bank Independence and the Mandate - Evolving
Views
https://www.federalreserve.gov/newsevents/speech/files/powell20230110a.pdf
Jerome Powell:
But without explicit congressional legislation, it would be inappropriate for us to use our monetary policy or supervisory tools to promote a greener economy or to achieve other climate-based goals. We are not, and will not be, a "climate policymaker."
https://www.federalreserve.gov/newsevents/speech/files/powell20230110a.pdf
Jerome Powell:
But without explicit congressional legislation, it would be inappropriate for us to use our monetary policy or supervisory tools to promote a greener economy or to achieve other climate-based goals. We are not, and will not be, a "climate policymaker."
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