Market participants have been talking about using distributed ledger technology as a tool to improve capital markets infrastructure for at least a decade. But despite numerous pilots and experiments, few distributed ledger technology-based capital markets systems have reached production-grade scale.
The European Central Bank’s 0.25 percentage point interest rate cut on 6 June was not necessary – in view of tight labour markets, pockets of excess demand and continued supply bottlenecks.
Sunday 9 June was a good night for the right in Europe. While this shift to the right is more likely to be an evolution for European policy-making, it is going to become more difficult to find consensus on ambitious pan-European initiatives.
Ahead of the UK general election on 4 July, OMFIF convenes a roundtable to highlight the key economic issues that will shape the outcome.​​​​​​
The departing chief executive of the UK Debt Management Office, joins Burhan Khadbai, head of content at OMFIF’s Sovereign Debt Institute, to recall the highs and lows of more than two decades managing the gilt market.
The 11th edition of OMFIF’s Global Public Investor surveys 73 central banks to uncover how $5.4tn in international reserve assets are likely to be deployed across financial markets.
