Latest / The Federal Reserve Podcast with Fexingo: Interest Rates, FOMC Meetings, and Monetary Policy
How Climate Shocks Are Rewiring Central Bank Policy
The Federal Reserve is no longer treating climate risk as a peripheral environmental issue. With the Consumer Price Index hitting 334.1 in August and core PCE stubbornly above target, central bankers are realizing that physical shocks—like France’s wine production dropping to a seventy-year low or transport fuel spikes—are structurally altering inflation dynamics. Lucas and Luna break down why the Fed’s traditional two percent inflation target may be incompatible with a volatile climate reality, examining how supply chain fragility forces policy decisions that look less like monetary…
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