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ECB rate rise intensifies dilemmas over Europe’s direction, and more

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ECB rate rise intensifies dilemmas over Europe’s direction
By David Marsh and Taylor Pearce
The European Central Bank’s controversial 14 September decision to go ahead with further interest rate tightening is likely to exacerbate Europe’s policy dilemmas over a flagging economy and the next steps in the war in Ukraine. It will do nothing to allay concerns about waning European dynamism. 

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Excessive monetary policy communications may undermine the Fed
By Mark Sobel
The Federal Reserve faces a serious communications challenge. It needs to carefully explain that it can’t maintain financial stability singlehandledly.

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Digitalisation is rapidly changing US labour market dynamicsBy Julian JacobsThere is mounting evidence that an unequal embrace of digitalisation has helped create difficult macroeconomic conditions for workers in the US.

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MEETINGS

September FOMC meeting: the state of US monetary policy
Thursday 21 September, Roundtable
William Dudley, former President of the Federal Reserve Bank of New York, assesses the outcome of the September Federal Open Market Committee meeting.

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Digital remittances and the power of choice
Chad Harper, global payments fellow of Visa Economic Empowerment Institute, joins OMFIF to discuss research on the importance of choice and trade-offs when looking at digital remittances. 

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The Bulletin, Summer 2023
This edition of the Bulletin sheds light on the challenges and opportunities presented by changing population dynamics. Some contributors note that shifting demographic patterns are cause for alarm, while for others, the message is not all doom and gloom.

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