Federal Reserve Announces Climate Scenario Analysis for Big Banks: Positive Money US Response

The Federal Reserve announced today that six of the nation’s largest banks will participate in a pilot climate scenario analysis exercise in 2023, designed to “enhance the ability of supervisors and firms to measure and manage climate-related

Interest Rate Hikes are the Wrong Tool: Positive Money US Response

The Federal Reserve has raised rates for the third consecutive time by 0.75%, in an attempt to tame inflation by increasing the cost of borrowing and therefore dampening demand.  Positive Money U.S.’s lead campaigner Akiksha Chatterji said,