Tag: Federal Reserve
Federal Reserve Announces Climate Scenario Analysis for Big Banks: Positive Money US Response
September 29, 2022
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
September 22, 2022
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,