Home Banking Central banks can tighten by doing nothing, Structural reforms required to safeguard democratic future, and more

Central banks can tighten by doing nothing, Structural reforms required to safeguard democratic future, and more

by admin

Central banks can tighten by doing nothing

By Neil Williams

By debating the size of their balance sheets, central banks are showing the first sign since Covid-19 – and for only the second time since the 2008 financial crisis – that they may be worrying about excessively loose policy and the growing addiction to quantitative easing.  To take some of the heavy lifting away from rate rises, quantitative tightening offers a useful, extra lever to pull. Passive QT could be the gentlest way of tightening – in effect, by doing nothing.

 Structural reforms required to safeguard democratic future?
239x250
By Sunil Sharma and William White
Macroeconomic stabilisation policies cannot address the deep structural problems that confront many advanced democracies. Pretending that they can poses a threat to democracy itself as a worsening economic reality increasingly disappoints popular expectations. 
 
 MEETINGS
 IMF World Economic Outlook and Global Financial Stability Report
239x250
Tuesday 3 May, Roundtable
Following the IMF/World Bank spring meetings, Fabio Natalucci, deputy director, monetary and capital markets department, IMF, and Petya Koeva Brooks, director, research department, IMF, join OMFIF’s US chair, Mark Sobel. 
 
 ON DEMAND 
Future for multilateralism and role of development banks
239x250
This joint OMFIF-DBS Bank panel focuses on the role multilateral development banks will play in a post-Covid-19 world. It brings together leading development banks to discuss ways of supporting the global economic recovery, manage debt sustainability and strengthen financial co-operation. 
 
 Gender Balance Index 2022
205x205
The path for women to reach the top of leading financial institutions is slowly opening up, but the industry still falls far short of where it needs to be. OMFIF’s Gender Balance Index 2022 reveals gradual but not fundamental progress in the representation of women in the upper echelons of global finance.

You may also like

Leave a Comment