Green monetary policy?
In May 2020 Fed purchased $178.4 bn in GSE-backed MBS in a single week. Most of those houses are “brown assets”. What if that entire chain of government support was tied to a socially equitable program of green upgrades?
crfb.org/blogs/fed-mort… https://t.co/oVwhuuhXeQ
By contrast with life insurers, US public pension systems have shifted away from fixed-income securities as interest rates fell. Moodys
By contrast with life insurers, US public pension systems have shifted away from fixed-income securities as interest rates fell. Moodys via daily shot newsletter from