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Extent of Fed's future focus on climate 'hinges on' US election
16 May 2024The likelihood of a follow-up climate scenario analysis or even a first stress test exercise by the Federal Reserve could hinge largely on the outcome of the US federal election in November, a consultant has predicted.
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The US 'plays catch-up' on climate stress testing
27 March 2023A Federal Reserve-led climate scenario analysis exercise with US banks is underway, and implications for capital requirements are unclear, an Environmental Finance webinar heard. Michael Hurley reports