Post Tagged with: "Central banks"

Source: Forbes

Why central banks are talking up the importance of climate change action — and pouring money into fossil fuels

Forbes


Last year, central bank chiefs in the US and Europe for the first time widely embraced the necessity of taking action on climate change.

Christine Lagarde, the new head of the European Central Bank (ECB), vowed during her confirmation …

Source: CNBC

Central banks are creating ‘fake markets,’ Bank of America strategists say

CNBC


Stocks have become detached from reality due to recent interventions from central banks into the bond markets, according to analysts at Bank of America.

In a research note Friday, the Bank of America Securities division highlighted the question …