European fixed income has been ‘normalising’ over 2025. Inflation is stabilising, the European Central Bank has halted rates near neutral, spreads are tight but markets are steady. Yet political and fiscal divergences remain sharp within the European Union with Italian BTPs now regularly pricing through French OATs. The EU’s rapid expansion as a AAA issuer
Sovereigns, spreads and stability in Europe Read More »
Dennis Shen, chair of the macroeconomic council and lead global economist at Scope Ratings, joins Mark Sobel, OMFIF US chair, to discuss the global economic outlook entering 2026, prospects for the US, China, Europe and Japan, alongside the key global economic challenges and risks.
Expectations and risks for the 2026 global economic outlook and beyond Read More »
In 2015, almost 200 countries signed the Paris agreement in a landmark commitment to limit the impact of global warming. Ten years on, Rahul Ghosh, global head of sustainable finance at Moody’s Ratings, and Umar Ashfaq, research director at the MSCI Institute, join Sarah Moloney, editorial director at OMFIF, to examine how much progress has
Looking back on 10 years of the Paris agreement Read More »
Stablecoins are dominating the headlines and policy-makers are responding rapidly. The instruments, though once primarily used as a trading pair for crypto-assets, are rapidly gaining a foothold in cross-border payments where their speed and low cost make them an attractive alternative in some corridors. Eyes are also on their potential adoption for wholesale settlement. Thibault
Reimagining money: the rise and reach of stablecoins Read More »
Governments today face mounting pressure to deliver more with fewer resources. Yet the way public money is managed often leans towards expenditure control rather than investment in long-term socioeconomic outcomes. Even when innovative policies or technical solutions exist, implementation barriers frequently prevent good ideas from being translated into results. Adam Chepenik, principal, government and public sector, and
Investing in outcomes: delivering more with less Read More »
Money is arriving on blockchain. Whether that is in the form of stablecoins, tokenised deposits or central bank money, it has the potential to reshape the way we do business, both in our personal lives and in wholesale financial markets. Zha Wenting (AC), Senior Digital Transformation Expert, Director of On-chain Finance Development at Huawei Digital Finance
A new generation of cash on-chain Read More »
Events and a series of unforced errors leave Europe in a precarious state. How will the half-built political project contend with hostile neighbours, economic rivals and disengaging former allies on the one hand, and internal arguments about money, governance and demography on the other? David Marsh, OMFIF chairman, discusses his new book, Can Europe Survive?
Can Europe survive? Light at the end of the tunnel Read More »
With Asia warming at twice the global average, the transition to net zero makes both social and economic sense for the region. Executive Director of the External Department at the Hong Kong Monetary Authority, Kenneth Hui, joins OMFIF’s Editorial Director, Sarah Moloney, to discuss the HKMA’s approach to channelling capital to the sectors and regions
Channelling climate capital to Asia and beyond Read More »
National financial infrastructure is undergoing perhaps its most rapid period of change in a generation. The needs and expectations of consumers and businesses are evolving to meet a new digital age, and payments systems must evolve to keep up. Among the key developments are increasing real-time payments, growing cross-border flows and the emergence of cryptoassets
A new generation of financial infrastructure Read More »
Around the world, we’re seeing renewed attention to public debt and fiscal tightening, particularly as debt levels continue to rise in advanced economies. Governments face difficult trade-offs: cut spending on services, delay infrastructure investment or raise taxes. Mauricio Zelaya, partner and national economics leader at EY Canada, and Marie Diron, managing director of sovereign risk
Balancing delivery of public value with fiscal responsibility Read More »
