They don’t need to be green
The EU needs a liquid market in bonds to fund the recovery programme. Alexander Lehmann argues green bonds would complicate matters
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Monetary policy in a pandemic emergency
Europe successfully absorbed the shock of COVID-19. Christine Lagarde says the second wave presents new challenges and risks, but the blueprint for managing it is the same
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Embracing digital innovation
Simon Gray discusses the benefits of embracing digital innovation to help drive economic recovery
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Avoiding economic anxiety
Andy Haldane looks at the UK’s recovery from the economic impacts of COVID-19, and says it’s important not to be over-pessimistic because there has been greater robustness and resilience than expected
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Four cornerstones of payments in the digital age
Kristalina Georgieva says the IMF stands ready to help foster a more resilient monetary system – one that is more inclusive, smarter, and greener
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A new Bretton Woods moment
The COVID crisis has created economic calamity. Kristalina Georgieva argues that now is the time to build a more sustainable and equitable world
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Innovating in a changing world
Victoria Cleland says faster, cheaper, more transparent, and more inclusive crossborder payment services will have widespread benefits for citizens across the globe both directly and through supporting economic growth, international trade and global development
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Strengthening the EU policy framework for retail investors
COVID-19 has exacerbated a challenging financial situation. Cosmina Amariei says it is paramount to strengthen the EU policy framework for retail investors
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New economic challenges and the Fed’s Monetary Policy Review
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
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Time inconsistency in recent monetary policy
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
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