Costs of extreme weather increasing, warns White House
A White House warning on the rising costs of extreme weather, the Fed plans a scenario analysis exercise, a discussion of targeted monetary policy and regulation, and more from this week in green central banking.
Jackson Hole conference highlights divide on climate and inflation
The Federal Reserve’s Jackson Hole symposium concluded on Saturday with the proceedings highlighting a deep division between the Federal Reserve and international counterparts over the impact of climate change on inflation.
Worldwide droughts add to ‘fossilflation’ in price stability crisis
Multiple droughts associated with accelerating climate change are increasing global food prices dramatically, adding to fossil fuel inflation to threaten a perfect storm of price instability.
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