Fed’s Brainard Says Climate Change Poses ‘Profound’ Risks

www.oann.com | 3/1/2017 | Staff
hi09 (Posted by) Level 3
SAN FRANCISCO (Reuters) – A top Federal Reserve policymaker on Friday signaled the U.S. central bank may join its international peers in incorporating climate change risk into its assessments of financial stability, and may even take it into account when setting monetary policy.

The remarks, from Fed Governor Lael Brainard at the opening of the Fed’s first-ever conference on climate change and economics, mark a shift for the Fed, which lags other major central banks in making climate change an explicit part of...
(Excerpt) Read more at: www.oann.com
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