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.
The check-engine light is on for the auto credit market.
September's consumer price index, as Moody's Analytics expected, showed a 0.4% monthly increase that held the annual inflation rate at 3.7%.
Since excess savings are measured as the amount saved in excess of what would have been saved if the pandemic had not occurred, it is clear that the more time passes, the more uncertain assumptions about the underlying trend in saving becomes.
U.S. retail sales continue to grow at a modest pace that is barely keeping up with inflation.
The Federal Open Market Committee softened its tone in May's post-meeting statement, a sentiment reinforced within the FOMC meeting minutes.
The Treasury debt limit drama is fast approaching its finale. Congress and the Biden administration have no more than a month before the Treasury runs out of enough cash to pay all of the government's bills on time. Here, we update our analysis of two alternative scenarios that bookend the economic impact if lawmakers do not act in time and there is a breach of the limit.
The political drama over the Treasury debt limit is suddenly heating up.
Surging interest rates coupled with an increased share of fixed-rate securities over the past year have made many banks vulnerable to evaporating deposits and duration risk.
The recent collapse of Silicon Valley Bank precipitated a sudden loss of confidence in the banking system, prompting bank runs, and forcing the U.S. government to provide extraordinary support to the system.