Powell Defends Fed Independence and Rejects Climate Change Policy
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Federal Reserve Chairman Jerome Powell just gave a speech on two topics that are extremely important. Number one, the central banks, independence, political, independence.
Number two, the central banks involvement in things outside of its mandate, such as climate change. It is important to look at a few key things that he said, because as many people have said, when somebody shows you who they are, believe them the first time.
Timecodes
0:00 Powell Gives a Speech on Two Important Topics
0:28 Central Bank Independence and Transparency
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4:08 Independent Agencies and Transparency
6:36 Sticking to the Mandates
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#FedIndependence #ClimateChange #JeromePowell
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