The European Central Bank faces an uncomfortable dilemma that goes to the heart of its political and economic viability. Although headline inflation has fallen in recent months thanks to softer energy prices, ‘core’ inflation is rising. So fulfilling the ECB’s medium-term 2% target is highly unlikely unless the bank tightens policies further.
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 growing risks to our financial ecosystem and how cloud providers can offer to help mitigate them.
LATEST REPORT Central banks in the digital age: bringing data into focus As central banks evolve to meet the demands of the modern age, the types of data they gather are becoming more unconventional and so are the tools and strategies they use for analysis.
