The global stablecoin glut is expected to have significant implications for monetary policy. Stephen Miran warns that stablecoin adoption could put downward pressure on interest rates
A global stablecoin glut: implications for monetary policy Read More »
We live in a world where big economic shocks can test the strength and resilience of the framework for monetary policy. Andrew Bailey discusses monetary policy in a world with big shocks, describing how scenario analysis can enrich monetary policy deliberations
Monetary policy in uncertain times Read More »
Agnès Bénassy-Quéré considers the idea that there could be lasting reversal of exchange rates following an international currency agreement highly speculative, and argues that a multipolar system would attenuate the Triffin dilemma and provide the US with a deficit-adjustment tool
Is the international monetary system unfair? Read More »
