MATTHEW LAU: Beware exaggerated claims of harm from climate change
MATTHEW LAU: Some economists quick to link climate change to slowing economic growth. But these studies don't tell the whole story.
Source: calgarysun.com
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What Can We Learn From The Pandemic And The War About Supply Shocks, Inflation, And Monetary Policy? Federal Reserve Vice Chair Lael Brainard, At The 21st BIS Annual Conference Central Banking After The Pandemic: Challenges Ahead, Bank For International Settlements, Basel, Switzerland
<p><span>Policymakers and researchers have begun reassessing certain features of the economy and monetary policy in light of recent experience. After several decades in which supply was highly elastic and inflation was low and relatively stable, a series of supply shocks associated with the pandemic and Russia's war against Ukraine have contributed to high inflation, in combination with a very rapid recovery in demand. The experience with the pandemic and the war highlights the challenges for monetary policy in responding to a protracted series of adverse supply shocks. In addition...
Source: mondovisione.com
How Should the Fed Deal With Climate Change?
When the economy hits hard times, survey data shows, people are less likely to worry about the environment.
Source: nytimes.com
Federal Reserve Bank of San Francisco | The Last Resort in a Changing Landscape
Money Marketeers of New York University Webinar New York, NY For delivery on Tuesday, April 15, 2021 2:00 P.M. EDT Introduction I grew up in Missouri surrounded by three rivers. Nearly every spring, at least one of them would flood. Each time this happened, families, businesses, and sometimes whole communities, would be forced to higher ground until the water receded and returned to its banks. Public programs were there to assist. Teams helped people evacuate, temporary shelters were stood up overnight, and financial support was provided for repairs and rebuilding. By many measures, these...
Source: frbsf.org
The Federal Reserve's New Framework And Outcome-Based Forward Guidance, Vice Chair Richard H. Clarida, At "SOMC: The Federal Reserve's New Policy Framework" A Forum Sponsored By The Manhattan Institute's Shadow Open Market Committee, New York, New York (Via Webcast)
The Federal Reserve's New Framework And Outcome-Based Forward Guidance, Vice Chair Richard H. Clarida, At "SOMC: The Federal Reserveâs New Policy Framework" A Forum Sponsored By The Manhattan Institute's Shadow Open Market Committee, New York, New York (Via Webcast) The Federal Reserve's New Framework And Outcome-Based Forward Guidance, Vice Chair Richard H. Clarida, At "SOMC: The Federal Reserveâs New Policy Framework" A Forum Sponsored By The Manhattan Institute's Shadow Open Market Committee, New York, New York (Via Webcast) Date 14/04/2021 On August 27, the Federal Open Mar...
Source: mondovisione.com