Climate change is relevant for monetary policy. Here's why

Climate change could also make it harder to identify a monetary policy stance that is considered ‘neutral’. Image: UNSPLASH/micheile .com
Lena Boneva
Senior Economist, European Central Bank
Gianluigi Ferrucci
Principal Economist, European Central Bank
Francesco Paolo Mongelli
Senior Adviser in Directorate General Monetary Policy and Honorary Professor, ECB and Goethe University Frankfurt

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