The European Central Bank has been slower than most to pull away the monetary rug, but it now stands ready with a key announcement on 21 July. What should we expect as it raises rates and, having stopped net purchases, sets out its stall for reinvesting member governments’ maturing bonds? Can the two levers be
What to expect from the 21 July ECB meeting Read More »
Investors, issuers and policy-makers are all trying to make sense of the war in Ukraine, a global pandemic, more than a decade of cheap money and now rising interest rates and inflation. How do the world’s reserves managers view the global macro outlook? What are the main concerns and drivers? And what are their strategies
Max Castelli on reserves management in a time of uncertainty Read More »
OMFIF Chief Economist Neil Williams speaks with Economist Taylor Pearce in a lightning-round podcast on quantitative easing. They discuss the situation regarding quantitative easing, why central banks are so slow to wind down their balance sheets and what the benefits of running QT would be. For more on this theme, check out Williams’ commentary ‘Central banks
Quantitative tightening: how fast, how far? Read More »
The €800bn Next Generation EU fund – set up to help finance Europe’s recovery from the economic damage of the Covid-19 pandemic – has been operating since last June. How is its lending schedule and debt management office-like funding programme going? How has its market-changing green bond programme progressed? Who is buying its bonds? How will it operate
Next Generation EU with Siegfried Ruhl: one year later Read More »
Just as economies and financial markets around the world were beginning to recover from the unprecedented Covid-19 shocks, fallout from the war in Ukraine has heightened global financial risk once again. How have the post-2008 financial crisis stability frameworks fared in response to these crises? Pedro Duarte Neves, adviser for the board of directors, Banco de
Financial stability outlook: global and European perspectives Read More »
Though blockchain is now a well-known term, the specific qualities that make it useful are still poorly understood. David Chan, CEO and co-founder of a distributed ledger technology-based programmable money platform called eCora, joins Lewis McLellan, editor of OMFIF’s Digital Monetary Institute. They discuss the properties of modern blockchains and highlight the areas – like
What is blockchain good for? Read More »
Lewis McLellan, editor of OMFIF’s Digital Monetary Institute, joined Victoria Cumings, chief legal and regulatory officer at RTGS.global, at the DMI symposium to discuss how the Financial Stability Board’s roadmap for enhancing cross-border payments is driving change in the payments ecosystem. They discussed public and private sector efforts to transform international payments and delved into
Transforming international payments Read More »
‘Walking the tightrope’: How China is balancing geopolitics and economics Read More »
Xiaochen Zhang is principal manager at Amazon Web Services. Prior to AWS, Xiaochen worked with many portfolio companies in launching new offers, entering into new markets and building transformative collaborative initiatives on central bank digital currencies, sustainable development and blockchain. Xiaochen built strong collaborations with government agencies, multinational organisations and financial institutions through work with
How can central banks innovate in the digital age? Read More »
Sherry Madera, senior vice president, public policy and government affairs at Mastercard and co-chair of the Future of Sustainable Data Alliance, Matthew Blake, head of financial and monetary system initiatives at the World Economic Forum, and Haleh Nazeri, platform curator, financial services, WEF, join Emma McGarthy, head of OMFIF’s Sustainable Policy Institute. They explore the
Developing ESG talent in financial markets Read More »
