News reports indicate that Team Donald Trump, given the opportunity for a second administration, believes it should ‘devalue’ the dollar and penalise those wishing to shift out of it. The approach to foreign exchange policy in Trump’s first administration was bad. But it appears the team didn’t learn its lessons and now wants to double down on the past.
State Street Global Advisors and OMFIF’s annual roundtable features discussions on key strategic issues impacting the investment community, examining their priorities and global challenges.
Max Castelli, head of strategy, sovereign institutions at UBS Asset Management, joins Taylor Pearce, senior economist at OMFIF, to discuss the role of the dollar as a global reserve currency in a multipolar world.
This edition of the Bulletin examines the macroeconomic implications of climate change for policy-makers, central banks and investors. It looks at the impact of greenflation on growth, productivity and labour markets.