Three reasons a weak pound is bad news for the environment

The day before new U.K. chancellor Kwasi Kwarteng's mini-budget plan for economic growth, a pound would buy you about $1.13. After financial markets rejected the plan, the pound suddenly sunk to around $1.07. Though it has ...

Unconventional monetary policy and bank risk taking

Unconventional monetary policy does not lead to greater risk-taking by banks, according to new research. This will be welcome news for central banks and policymakers as they ramp up efforts to limit the economic fallout of ...

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