On climate Fed has so far been quiet compared to ECB. Why? 1. Mandate 2. Politics 3. Instruments 4. Pol

On climate Fed has so far been quiet compared to ECB.
Why? 1. Mandate 2. Politics 3. Instruments 4. Pol econ. Powell is in a box. He could wiggle, but isn’t. Should he be replaced? Given midterms & priority for infrastructure/regulation it is a big risk.
greencentralbanking.com/2021/07/26/ada… https://t.co/3PPqwnimk2

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