Sector Regulation Sector Regulation

US Fed should join central-bank group trying to manage global warming risks to economy, Brainard says

By Neil Roland
  • 14 Jul 2020 16:42
  • 14 Jul 2020 16:42
The US Federal Reserve should join the group of central banks that is trying to identify and manage risks to the international financial system posed by global warming, said Fed Governor Lael Brainard, the sole Democrat on the board.

“Understanding the impact of climate change on financial stability has to be a priority

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