Global central banks and regulators are increasingly focused on the risks climate change poses to the global financial system.
The Bank of England’s recent climate risk stress test is the latest effort. In this webinar, we discuss the BOE’s climate risk scenarios, our methodologies for expanding them to a wide range of economic, financial, and demographic variables across the world, and the implications for future efforts by central banks to gauge climate risks.
Join Mark Zandi, Chief Economist; Marisa DiNatale, Senior Director; and Chris Lafakis, Director, as they discuss climate change scenarios and their implications on central banks.
There are the massive legislative efforts to increase spending on infrastructure and fiscal support for a range of social programs and climate change
The rapid aging of the U.S. population is putting a serious strain on the people, institutions and businesses that provide much-needed assistance to the elderly and disabled.
On August 26, the U.S. Supreme Court struck down the national eviction moratorium imposed by the Centers for Disease Control and Prevention, setting off a race to get millions of struggling renters the relief they need before being thrown from their homes.
The July meeting minutes of the Federal Open Market Committee didn't shed light on whether the Federal Reserve will announce its tapering plans in September or November.
The post-meeting statement from the Federal Open Market Committee strengthens our view that the central bank will provide some additional clarity about its tapering plans in September, but the taper itself won't start until early next year.
As the pandemic recedes, so too will inflation.
Federal lawmakers are feverishly working on another massive fiscal plan, including a nearly $600 billion bipartisan infrastructure deal and a $3.5 trillion package of spending and tax breaks to support a range of social investments that the Biden administration and congressional Democrats hope to pass into law via the budget reconciliation process.
The U.S. consumer price index jumped in June, but the market shook it off.
Technical factors are pulling the U.S. 10-year Treasury yield lower recently.