8/04/2024 Investment Insights Who will finance the green transition? Can central banks help? The challenge for central banks will be to reconcile their narrow monetary policy objectives with maintaining relatively low yields for markets to fund...
14/11/2023 Economy & Markets Central banks’ unwinding will put more public debt in market hands Investors should prepare for a new quantitative tightening paradigm, as major central banks have started unwinding their large balance sheets.
17/10/2023 Economy & Markets Central banks’ endgame: a new policy paradigm Dive into the effects of central bank balance sheet normalization on financial markets, government bond yields, and the evolving investment landscape....
12/09/2022 Economy & Markets Rational inattention at the core of central bank strategy The origins of inflation are not always well understood. While some economists had warned of impending inflation as early as last year, few had anticipated...
5/01/2022 Economy & Markets Central banks: a successful hawkish turn The three major central banks issued restrictive signals last week. The banks have succeeded in changing the course of their monetary policies without...
5/08/2019 Emerging Markets Emerging Markets Charts & Views - Finding a balance between easing central banks and an uncertain scenario The recent dovishness from the Fed, a benign inflation environment and the easing in global financial conditions continue to support a goldilocks environment...
30/04/2019 Economy & Markets Is inflation definitely dead or simply dormant? Consequences for central banks In history, there have been periods when it was dormant, but revivals have always been painful. What is striking at present is the inability of some countries...
15/03/2019 Real & Alternative Assets Gold in central banks' asset allocation After a long lacklustre period during the 1980s and 1990s, the price of gold has picked up significantly since the new millennium, and central banks,...
15/08/2013 Asset Pricing & Behavioural Finance A Tale of Two Eurozones: Banks's Funding, Sovereign Risk & Unconventional Monetary Policies The admission by the Greek government on October 18, 2009, of large-scale accounting fraud in its national accounts sparked an unprecedented sovereign...