30/09/2022 Geopolitics Upheaval in the global FX regime The energy and inflation crises have uncovered cracks in the long-standing global foreign exchange regime. A new approach to currency management is required...
30/09/2022 Fixed Income & FX Global foreign exchange regime faces winds of change Dollar strength is causing strains, even in developed countries like Japan and Britain. Countries will have to intervene to fix misalignments in currency...
31/08/2022 Economy & Markets How to overhaul Europe’s outdated budget rules Europe's fiscal rules are too simplistic and have lost credibility. They need to be revamped to reflect new country and economic conditions.
26/08/2022 Economy & Markets Only a new policy regime can stop rampant inflation, but don... The only way to tackle the new inflationary regime is a credible and abrupt change in the approach to policy: but this seems unlikely to happen.
16/08/2022 Economy & Markets Mind the lag: recession fears flare too fast Central banks will be aggressive in the short term as they try to re-establish credibility, with the European Central Bank a case in point.
25/07/2022 Economy & Markets Towards a new set of fiscal rules in Europe: an investor vie... In the current high-inflation regime, the use of fiscal space must: (1) be rule-based; and (2) preserve the possibility of a cooperative game between...
25/07/2022 Economy & Markets Towards new fiscal rules in Europe After years of dormant peripheral risk, the recent resurgence of fragmentation issues in Europe, amid rising stagflationary risks at a time of Central...