Michele Bullock’s speech highlighted the growing uncertainty posed by climate change which may force central banks to “re-examine” how to control inflation. …
Trinidad and Tobago’s financial stability report says climate risks may pose macrofinancial challenges and will be included in its financial supervision.
Higher capital costs mean low-carbon investments are at a disadvantage with higher interest rates, but a dual rate policy can solve that problem.
Turkish economist, Erinç Yeldan, discusses how the climate crisis requires a climate-active central bank in Turkey. …
A new paper from the ECB predicts that the warming climate will result in higher levels of annual food prices and overall inflation on a global scale.
Governor Andrew Bailey pledges to continue Bank of England’s climate-related work, despite criticism from former officials.
The Association of African Central Banks met recently to discuss the impact of climate change on food security and inflation within Africa. …
Repeated droughts and the highest inflation rates of the 21st-century increase concerns about climateflation. …
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