Most central banks have advanced plans to launch central bank digital currencies to run in parallel with traditional money. The direction of travel is clear: CBDCs are inevitable and have moved from theory to practice. Banks should act now or risk strategic irrelevance or even obsolescence.
MEETINGS Ignazio Visco on inflation in the euro area Thursday 20 April, Lecture Ignazio Visco, governor of Banca d’Italia, discusses the role of demand and supply factors in causing inflation to rise, the effectiveness of Europe’s response to it and the prospects for monetary policy. Register →
ON DEMAND Cybersecurity and cloud migration Nataraj Nagaratnam, chief technology officer at IBM, joined Lewis McLellan, editor of OMFIF’s Digital Monetary Institute, to discuss the risks to our financial ecosystem and how cloud providers can help mitigate them.
LATEST REPORT Sustainable Policy Institute, Spring 2023 This special edition of the journal examines women’s economic empowerment, how to narrow the gaps in financial inclusion and the connection between gender diversity and climate risks.
