6  Market analysts’ models were showing that the US dollar performance was consistent with an actual 100 bps increase in the US policy rate.
“Transition risks” refers to the risks of an economic impact on firms and households due to changes in policy, technology, or consumer preference as we move toward a carbonneutral society. Depending on our responses, both risks could adversely affect the financial system by changing the investment or lending behavior of financial institutions, both qualitatively and quantitatively.