Brics looks increasingly like a paper tiger |
By Herbert Poenisch |
The meeting in Kazan of the Brics-plus group from 22-24 October was a diplomatic and political success for President Vladimir Putin. He was lucky that it was Russia’s turn as chair. However, it disappointed by offering nothing new in economics and finance, and it failed to take any new steps towards de-dollarisation. Read the full commentary → |
Misguided fiscal course impacts US monetary policy
By Mark Sobel
The Federal Reserve is viewed as a guardian of the US economy. But there is a difference between telling the government how it should run fiscal policy and discussing how fiscal policy impacts monetary policy and what that means for the US economy.
MEETINGS
Federal Reserve policy framework review
Wednesday 13 November, Roundtable
This roundtable considers key issues in the US Federal Reserve’s monetary policy framework review, including whether the current strategy has an inflationary bias, 2% remains the right inflation target and the Federal Funds rate is the appropriate target interest rate.
ON DEMAND
Absa Africa Financial Markets Index 2024 launch
This year’s report takes a deeper look at emerging themes reshaping Africa’s financial landscape. This includes financial product diversity, the advancement of environmental, social and governance frameworks and the accelerating adoption of digital technologies.
LATEST REPORT
The future of public money
This report outlines the need for an urgent rethink of how public spending is framed, conducted and evaluated to ensure governments can meet growing societal demands while improving the sustainability of public finances.