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Quotations
While Powell has stressed the need to slow the job market to combat inflation, for example, Vice Chair Lael Brainard has suggested that other factors, including a decline in corporate profits, could further reduce inflation without requiring widespread layoffs.
Fed, set to impose smaller hike, may hint of fewer increases →
Mr. Powell said banks need to be ready for climate shocks but, beyond that, their roles in the subject should remain narrow.
Federal Reserve's Jerome Powell warns the bank not to 'wander' into climate, social programs →
