It is customary to mention that these views do not necessarily reflect those of the Federal Reserve System or my colleagues on the Federal Open Market Committee (FOMC). But it won’t be long until such a caveat will no longer be necessary.
Regarding our own investments that are not related to monetary policy, Banka Slovenije is increasing its share of green and other sustainable bonds. We also abstain from investing in firms in the tobacco and arms industries, and firms causing major environmental harm. We plan to further enhance our socially responsible investment framework by setting targets that are even more ambitious.