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Home Banking ECB should steer clear of the ghost of Jean-Claude Trichet, and more

ECB should steer clear of the ghost of Jean-Claude Trichet, and more

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ECB should steer clear of the ghost of Jean-Claude Trichet

By Mark Sobel

In 2008 and 2011, President Jean-Claude Trichet famously led the European Central Bank in lifting rates. The timing of these raises was inopportune, if not mistaken. Will the ECB repeat the past? In navigating the shoals ahead, the central bank in 2022 will need to be nimble and pragmatic, steering clear of the ghost of Trichet’s mistakes.

 Can borrowers keep hitting the jackpot?
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By Philip Moore
Statistical models suggest that 10-year funding costs are ultra-low compared with historical levels. Adjusted for inflation, those costs are now deeply negative. For sovereign borrowers, this is like hitting the jackpot. 
 
 MEETINGS 
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Looking ahead to the June FOMC meeting
Thursday 16 June, Live broadcast
Bill Dudley, chair of the Bretton Woods Committee and former president of Federal Reserve Bank of New York and vice chairman of the Federal Open Market Committee, joins Mark Sobel, US chairman of OMFIF, to discuss the June FOMC meeting.  
 
 ON DEMAND 
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Developing ESG talent in financial markets
Panellists explore the need to drive ESG talent development and acquisition in financial services and the skills required to meet net zero. They discuss how companies can fill the gaps identified in ESG talent and the tools, data strategies and policies required to create sustainability roles. 
 
 Data: Towards a new age of economic enlightenment
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As regulators and policy-makers work to balance protection and innovation in their evolving frameworks, this landmark report explores the use of data and its potentially transformative impact on developments in the global economy, financial services, the business community and society as a whole.

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