The Fed Led the World Out of 2008. On Climate, It’s a Follower
An injured kangaroo stands in a paddock near Nowra, New South Wales, Australia. (Photographer: David Gray/Bloomberg)  

The Fed Led the World Out of 2008. On Climate, It’s a Follower

(Bloomberg) -- When bad things happen to economies, or threaten to, the world has gotten used to seeing central banks at the front line of defense — with America’s Federal Reserve in the lead.That’...
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