2023-05-12
Horseshit
Pestilence / Pox / COVID / VaxCult
Culture War / Tribal / Re segregation
TechSuck
Crypto con games
Economicon / Business / Finance
Gubmint / Poilitcks / Law Making
World
Russia Bad / Ukraine War
Health / Medicine
Environment / Climate / Green Propaganda
-
Climate Change and Financial Stability
I don't see a need for special treatment for climate-related risks in our financial stability monitoring and policies. As policymakers, we must balance the broad set of risks we face, and we have a responsibility to prioritize using evidence and analysis. Based on what I've seen so far, I believe that placing an outsized focus on climate-related risks is not needed, and the Federal Reserve should focus on more near-term and material risks in keeping with our mandate.