Read what central bankers believe on the global economy, climate change, fintech, economics, and CBDCs and digital money
The financial system has weathered repeated shocks, but weak growth, supply disruptions, rising debt, leverage and AI exposures remain risks. Andrew Bailey argues that policymakers should support sustainable growth, keep monetary and fiscal frameworks credible, and strengthen core markets
Financial resilience in an age of repeated shocks Read More »
In the digital age, payments and finance need a trusted monetary anchor. Piero Cipollone explains how the digital euro, tokenisation and central banks can modernise public money and strengthen Europe’s financial system
Money in the digital age: digital euro, tokenisation and the role of central banks Read More »
AI is the project that could drive European capital markets forward to channel savings where they are needed, says Christine Lagarde. It needs capital on a scale that only markets can provide, and the stakes for Europe could hardly be higher
A new age of capital: growth, sovereignty and AI Read More »
Andrew Bailey argues that independent central banks rely on more than technical expertise: they have a long tradition of accountability. Central bankers must explain their decisions or risk appearing to be an unrepresentative elite’, especially amid the challenge of populism
The institutional form of independent central banks Read More »
The ECB wants central bank money to serve as the monetary anchor for tokenised markets. Piero Cipollone calls for common standards, central bank money and coordinated regulation to prevent blockchain-based finance from becoming a collection of disconnected platforms
From vision to delivery: building Europe’s tokenised financial market Read More »
Many public institutions are now experimenting with AI tools to support surveillance, supervision, and policy analysis. Paola Ganum and Tohid Atashbar show that today’s LLMs perform well on structured, factual tasks but remain less reliable on nuanced rating questions, where human judgement still matters
Macrofinance meets AI: evaluating alignment between LLMs and economists Read More »
AI has the potential to transform lives and the US economy. Michael Barr warns that artificial intelligence could dramatically narrow or widen economic inequality in the US, depending on the policy choices society makes in the coming years
Artificial intelligence and financial inclusion Read More »
The financial system is constantly evolving, and the regulatory and supervisory framework must keep pace. Michelle Bowman discusses the work of the US and urges global financial watchdogs to be flexible
Modernizing financial regulation Read More »
Digitalisation is reshaping how financial markets operate, says Christine Lagarde. For Europe, this is above all an opportunity to deepen integration, strengthen autonomy and anchor innovation in trusted public money across markets and payments
Money in transition: digitalisation and innovation in payments Read More »
Europe faces unprecedented geopolitical and economic challenges, including high dependencies on external providers for energy, technology, security, and financial infrastructure. Frank Elderson argues reducing these dependencies is essential for safeguarding the European way of life
Strengthening operational resilience for the age of AI Read More »
