Why the economic impacts of climate change call for adaptive inflation targeting
In an increasingly hot and volatile world, central banks will need innovative approaches to guarantee price stability such as adaptive inflation targeting, say economists David Barmes and Luiz Awazu Pereira da Silva.
Rethinking inflation in times of environmental instability
Inflation has cooled for the time being, but environmental shocks and geopolitical tensions call for a rethink of inflation forecasting and monetary policy implementation, write David Barmes and Simon Dikau of the Grantham Research Institute.
Central banks can’t ignore the big issues at Jackson Hole
Friday’s Jackson Hole meeting is an opportunity for central banks to face their interdependence with society and the environment and lead accordingly, say Positive Money’s David Barmes and Akiksha Chatterji in response to former Bank of England Governor Mervyn King.
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