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.
Weekly roundup: Climate rules for Brazil’s banks and speculation on Powell’s future
New climate requirements for Brazil’s banks, quantitative easing and nature loss, EU fiscal-monetary climate coordination, speculation on the fate of Fed Chair Jerome Powell and more from this week in green central banking.
The Fed can, and should, take big steps on climate
Adam Tooze, professor of history at Columbia University and director of the European Institute, suggests that Fed chair Jerome Powell could be Biden’s shield for advancing the administration’s climate goals.
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