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Home Banking Fitch downgrade on US is odd but not pointless, and more

Fitch downgrade on US is odd but not pointless, and more

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Fitch downgrade on US is odd but not pointless By Mark Sobel

The financial media has understandably and predictably been abuzz over Fitch Ratings downgrading the US from its triple-A rating. Fitch is wrong about the near term outlook, but it has a longer-term point. Whether right or wrong, the entire US political system is culpable for needlessly putting America in this unenviable position.
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Embracing equities as a hedge to fixed income
By Taylor Pearce
Jan Schmidt, executive director, risk management at Czech National Bank, spoke with ​​​​Taylor Pearce, senior economist at OMFIF, about the bank’s diversification strategies.

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MEETINGS

De-dollarisation and implications for the international financial system
Tuesday 19 September, Roundtable
Daniel McDowell, associate professor at Syracuse University, joins Mark Sobel, US chair of OMFIF, to explore the dollar’s dominance as reserve currency.

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ON DEMAND

Solving cross-border transactions with CBDCs​​
Daniel Nagy, business analyst, CBDC at Giesecke+Devrient, joins Lewis McLellan, editor of OMFIF’s Digital Monetary Institute, to discuss how central bank digital currencies might help address the challenges of the cross-border payments market.

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Global Public Investor 2023
The role of reserve managers has never been so challenging. The 10th edition of the report explores the pressing considerations and intentions of reserve managers with analysis split across six chapters.

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