Why the economic impacts of climate change call for adaptive inflation targeting
Smolenska, A.
, Hiebert, P. & Tamburrini, F.
(11 December 2024)
Why the economic impacts of climate change call for adaptive inflation targeting.
News and commentaries.
, Hiebert, P. & Tamburrini, F.
(11 December 2024)
Why the economic impacts of climate change call for adaptive inflation targeting.
News and commentaries.
Supply shocks induced by climate change could pose major challenges for inflation-targeting central banks, who will need innovative approaches to guarantee price stability without undermining long-term economic resilience. David Barmes and Luiz Awazu Pereira da Silva make the case for adaptive inflation targeting for a hotter, more volatile world.