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Powell distances Fed from climate policy

Powell says Fed will not be a ‘climate policymaker’

In a speech on Federal Reserve independence, Chair Jerome H. Powell emphasized that climate change should be addressed by elected officials.
the fed climate impacts economy

How should the Fed deal with climate change?

The climate crisis is at high risk of becoming an economic crisis. That is an increasingly widespread view among leading economic thinkers — that a range of economic and financial problems could result from a warming planet and humanity's efforts to deal with it.

Gas price increase poses challenge to U.S. economy
www.nytimes.com

Gas price increase poses challenge to U.S. economy

Experts say a period of costlier fuel is likely to be brief. But if consumers start to assume otherwise, it could mean problems for Biden and the Fed.
Biden tells officials to prepare for climate change's impact on economy
www.nytimes.com

Biden tells officials to prepare for climate change's impact on economy

A warming planet holds potential risks for home prices, investments, banking and other aspects of the global economy, the government said.
The Fed faces criticism as it wades into climate and equity issues
www.nytimes.com

The Fed faces criticism as it wades into climate and equity issues

The Federal Reserve is proudly politically independent. That makes key discussions around climate change and racial inequity a balancing act.
As winter sweeps the South, Fed officials focus on climate change
www.nytimes.com

As winter sweeps the South, Fed officials focus on climate change

A top Federal Reserve official says climate scenario analysis could be valuable in making sure that banks mind their climate-tied weak spots.
financial system climate investment
www.cnbc.com

Fed makes move that signals growing focus on climate change risk

The Federal Reserve has made a move that cements its nod to the risk that climate change could pose to the financial system.

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