‘Two degrees’ overtaking ‘2% inflation’, Brazil’s economic outlook and challenges ahead
Tuesday 5 November 2019 – Vol.10 Ed.45.1
Commentary: ‘Two degrees’ overtaking ‘2% inflation’
By Gary Smith and Danae Kyriakopoulou
The climate change agenda supports the argument that two degrees Celsius will become a more important figure for central banks than 2% consumer price inflation. As regulators of the financial system, and as institutions with a broad range of instruments at their disposal, central...