Should the public have a right to the safest money in the economy – central bank-issued money? Does the ability of citizens to exchange privately issued monies for central bank money, at par and on demand, underpin public confidence in money? Would a publicly operated CBDC platform open to bank and non-bank payment service providers stimulate competition and innovation in payments? The answers to these will differ between jurisdictions.
Britain is only months from a general election. A victory for the Labour party, after 14 years in opposition, looks near-certain, but several developments could upset that outcome. Read the full commentary →
AFME and OMFIF are joining forces again to bring their expertise in European capital markets and economic and monetary policy for the fourth annual conference.
Björn Storim, chief executive officer, and Ben Pott, managing director and international head of public policy and government affairs at BNY Mellon, joins OMFIF to assess the progress towards capital markets union in Europe.
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.