The European Central Bank’s asymmetric monetary policy approach, followed for several years, has now become a source of instability – the opposite of what its mandate decrees. After announcement of the 7.5% inflation rate in March, the highest since the euro began, this policy of vacillation has run its course and must now end. The time has come to brake the loss of trust in the ECB and in the stability of the euro. The longer the ECB waits, the steeper and more thorny the path ahead.
By Julian Jacobs Despite low unemployment and high inflation, fears that tight labour markets will drive inflation higher are misplaced. Five elements have been vital to the reduction of worker power since the 1970s.
Thursday 21 April, Roundtable Øystein Olsen, former governor of Norges Bank, discusses Norway’s sustainability policies and role in the energy transition, including questions surrounding energy security and renewable energy development.
Gloria Bartoli, professor of public management at the LUISS Guido Carli in Rome, speaks with Taylor Pearce, economist at OMFIF, about debt sustainability and fiscal reform in the EU. Bartoli provides her view of the debt landscape and analyses the possibility of returning to a pre-pandemic status quo.
OMFIF has joined forces with Luxembourg for Finance to consider what is required for the standardisation of sustainable finance. Taking insight from interviews with experts across the financial sector and real economy, this report explores the latest developments in taxonomy regulation and reporting frameworks.
