The understanding of the economy has evolved in ways that are central to monetary policy. Jerome Powell says it is time for pro-growth policies, and softens the Fed’s approach to inflation
New economic challenges and the Fed’s Monetary Policy Review Read More »
The last decade has seen a continued accumulation of debt. Charles Goodhart, Tatjana Schulze and Dimitri Tsomocos argue that the fundamental issue of the effects of ‘low for longer’ on the resilience of our wider financial structure remain
Time inconsistency in recent monetary policy Read More »
Hanna Halaburda, Guillaume Haeringer, Neil Gandal and Joshua Gans summarise the main research findings to establish a base for future research
The microeconomics of cryptocurrencies Read More »
Lael Brainard remains optimistic about the power of technology and innovation to deliver payments safely, immediately, and efficiently when the appropriate safeguards are in place
The future of retail payments in the US Read More »
Alexander Lehman and Mark Plant discuss low-carbon transition challenges and consider the EU agenda for coordinating with emerging markets
The challenge of climate finance Read More »
Maarten Verwey and Björn Döhring consider the Commission’s Summer 2020 interim forecast, and argue that a rapid response at the EU level is needed to minimise hysteresis
Deeper recession, wider divergences Read More »
Tao Zhang considers the economic consequences of the COVID-19 pandemic, and says we need to work together to ensure a green and sustainable future
The global and Asia economic outlook Read More »
Luis de Guindos, Fabio Panetta and Isabel Schnabel outline priority areas for reform to foster European capital markets
Europe needs a fully-fledged CMU Read More »
Andrew Bailey looks at recent innovations in payments and the challenges they bring, reiterating the Bank of England’s interest in CBDCs and stablecoins
Reinventing the wheel (with more automation) Read More »
Clemens Fuest and Jean Pisani-Ferry consider the EU budget, which has to be reassessed in light of the Next Generation EU programme
Financing the EU: new context, new responses Read More »
