federal reserve – Thinking Port

Big Banks Take Part In A Climate Scenario Exercise — The Results Are Unsettling

May 20, 2024 admin banks, climate change, climate risk, federal reserve, investment, policy research

Credit to Author: Carolyn Fortuna| Date: Fri, 17 May 2024 19:32:31 +0000

The US Federal Reserve just released the results of a pilot climate scenario analysis (CSA) exercise they conducted in 2023 to learn about big banks and their climate risk-management practices and challenges. The goal was to highlight the measures that large banking organizations and supervisors will increasingly need to take … [continued]

The post Big Banks Take Part In A Climate Scenario Exercise — The Results Are Unsettling appeared first on CleanTechnica.

Manila News Philippines

Fed keeps lending rate, to focus on low inflation

December 12, 2019 admin fed, federal reserve, Foreign Business, foreign business news, jerome powell, us central bank

Credit to Author: Agence France-Presse| Date: Thu, 12 Dec 2019 13:00:00 +0000

WASHINGTON, D.C.: The Federal Reserve (Fed) maintained its key lending rate on Wednesday (Thursday in Manila), but said it will turn its sights to low inflation and developments in the world economy. That was a signal that central bankers, who have repeatedly pledged to change course if needed, are monitoring the global slowdown and persistent […]

Manila News Philippines

Fed chief reasserts independence in talks with Trump

November 19, 2019 admin Donald Trump, fed, federal reserve, Foreign Business, jerome powell, Trump

Credit to Author: Agence France-Presse| Date: Tue, 19 Nov 2019 13:30:16 +0000

WASHINGTON, D.C.: Federal Reserve (Fed) Chairman Jerome Powell reasserted the independence of the US central bank during White House talks with President Donald Trump on Monday (Tuesday in Manila). Powell attended the meeting, which comes amid an unprecedented campaign of public attacks on the central bank, at the invitation of the president, and was joined by Treasury Secretary […]