Correction Corner: Bloomberg Retracts Misleading Report on Fed's Climate Program

In a notable editorial misstep, Bloomberg News has officially retracted an earlier article that inaccurately reported details about the Federal Reserve's climate program. The piece in question was published on February 6, 2025, and it claimed the Fed was planning to implement specific financial mechanisms that would amount to a government-backed climate investment. This assertion raised eyebrows and prompted widespread scrutiny, not only from economic analysts but also from environmental advocates and policymakers.

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