Jerome Powell makes a strong case for limited independence within a democratic framework, warning against a central bank widening its remit and scope too far
Central bank independence and the mandate—evolving views Read More »
Bruno Conte, Klaus Desmet and Esteban Rossi-Hansberg argue that it is time to take a serious look at carbon taxes as they are less costly than you thought
Carbon taxes may be a boon for the world, even in the short run Read More »
Isabel Schnabel argues that unprecedented investments are needed in technical innovations and renewable energy to protect our planet
Monetary policy tightening and the green transition Read More »
Where next for inflation, interest rates and economic growth? Steve Schifferes believes that fears of a 1970s-style stagflation could become a reality
Central banks are facing an epic battle Read More »
The European Commission has proposed an important and ambitious overhaul of EU fiscal rules. Marco Buti, Jakob Friis and Roberta Torre respond to the criticism
A response to criticisms of proposals to overhaul the EU fiscal framework Read More »
Paul De Grauwe and Yuemei Ji argue that a better policy would avoid transferring central bank profits to commercial banks
Monetary policies that do not subsidise banks Read More »
Guido Lorenzoni, Francesco Giavazzi, Veronica Guerrieri and Leonardo D’Amico argue for a new system of fiscal rules that goes in the direction of a political and fiscal union
New EU fiscal rules and governance challenges Read More »
Alex Edmans argues that ESG shouldn’t be put on a pedestal compared to other intangible assets that affect both financial and social value
The end of ESG: an evolution from niche to mainstream Read More »
Don’t look only to Brussels to increase the supply of safe assets in the European Union, Francesco Papadia and Heliodoro Temprano Arroyo argue
Achieving a full banking and capital markets union Read More »
Rebecca Christie says Europe’s bond markets are essential infrastructure, just like the power grid
If it doesn’t trade, is it really marketable debt? Read More »
