The Fed should stay out of the fight for T-bills |
By Steven Kelly |
The Federal Reserve has started its rate-cutting cycle, and Wall Street’s consensus is that quantitative tightening will end in March 2025. The Fed will then have to make the critical, if seemingly sleepy, decision on the maturity structure of its portfolio. Read the full commentary → |
Central banks’ role in ring-fencing mBridge
By Herbert Poenisch
Project mBridge was developed to tackle some of the key inefficiencies in cross-border payments. It has made good progress, but the western central banking system needs to play its part in efforts to overcome the world’s geopolitical challenges.
European safe assets boosted by growing international demand
By Burhan Khadbai
Increasing international demand – particularly from Asian investors – is boosting the status of Europe’s safe assets. This comes as a result of a scarcity of high-quality, liquid securities and the desire to diversify away from dollar-based investments.
MEETINGS
Investing in green infrastructure: policy, frameworks and tools
Wednesday 22 January, Live broadcast
This roundtable considers how the UK will scale up the capital needed for green infrastructure, the policies and tools required and why green investment is crucial for the UK.
ON DEMAND
Financial stability and the Bank of England’s toolkit
Dave Ramsden, deputy governor of the Bank of England, joined OMFIF to discuss topical UK financial stability issues from his vantage point as a Financial Policy Committee member with executive responsibilities for the Bank’s market operations.
LATEST REPORT
Gold and the new world disorder
Building on OMFIF’s long-run analysis on the ‘Seven Ages of Gold’, this report, in partnership with Commodity Discovery Fund and GoldRepublic, explores new developments in central bank gold policies.