July 2, 2019
In March this year, the Financial Stability Oversight Council proposed amendments to its interpretive guidance on the supervision and regulation of certain non-bank financial companies. Paul Tucker, chair of the Systemic Risk Council, and Amias Moore Gerety, partner at QED, join Mark Sobel, US chairman of OMFIF, to discuss their views on the matter. They also assess the position of non-bank financial companies in the Dodd-Frank Wall Street Reform and Consumer Protection Act 2010, and the wider role of FSOC.
June 27, 2019
In this month’s Fed Talk podcast, Stephanie Aaronson, vice-president and director of the economic studies programme at the Brookings Institution and former assistant director of the division of research and statistics at the Federal Reserve Board, and Thomas Costerg, senior economist at Pictet Wealth Management, join OMFIF’s Rein de Loor. They discuss the Federal Open Market Committee’s rate decision, inflation figures, the role of global trade, and the global impact of the dollar.
June 25, 2019
Wally Adeyemo, senior adviser at BlackRock, joins Mark Sobel, US chairman of OMFIF, to discuss the upcoming G20 meeting. Wally was senior international economic adviser to US President Barack Obama and served as his representative to the G20. This podcast covers the history and purpose of the G20 and whether it has become too diluted, as well as the dominance of bilateral meetings. The conversation also outlines the main issues on the Osaka agenda and the continuing relevance of the G20.
June 20, 2019
Fabio Natalucci, deputy director of the monetary and capital markets department at the International Monetary Fund, joins Patricia Haas Cleveland, US principal at OMFIF, to discuss the IMF’s global financial stability report, ‘Vulnerabilities in a Maturing Credit Cycle.’ They cover corporate sector debt in advanced economies, the sovereign-financial sector in the euro area, and the benefits of inflows with regards to susceptibility to global markets in emerging economies. Further topics include China’s trade off between credit creation to support growth, and a build-up of vulnerabilities in the medium-term.
June 18, 2019
Danae Kyriakopoulou, Chief Economist at OMFIF, and Pierre Ortlieb, Economist at OMFIF, discuss the growing prominence of social media in central bank communications strategies. They touch upon the importance of communications in an era of unconventional monetary policy, the themes central banks most refer to in their social media outreach, as well as broader trends and statistics around central banks’ presence on Twitter. For the full “Central bank communications” special report included in this year’s Global Public Investor, please click here: www.omfif.org/gpi
June 11, 2019
Jonathan Dharmapalan, founder and chief executive of eCurrency, and Teunis Brosens, lead economist for digital finance at ING Group, join OMFIF's Bhavin Patel, to discuss the future of central bank digital currencies. In part 2 of this podcast, they cover the different use cases of retail CBDC between advanced and emerging markets, payment systems as a communication mechanism for currency and how fintech efforts are driving important changes to payment systems. Further topics include the need for convergence in regulation and standards, and the next steps for central banks in their CBDC projects.
June 6, 2019
Bernd Lucke, an outgoing member of the European Parliament for Germany and member of the Liberal Conservatives Reformers, and Iain Begg, professorial research fellow at the London School of Economics and co-director of the Dahrendorf Forum European Institute, join Ellie Groves, programmes manager at OMFIF, to discuss the results of the European Parliament elections. They assess the impact of the results on the priorities of the parliament and European Commission, as well as the policy implications for European Union and euro area reform, migration and climate change.
June 4, 2019
In the latest episode of our ‘Ahead of the ECB’ series, Danae Kyriakopoulou, Chief Economist and Director of Research at OMFIF, is joined by Ernst Welteke, former President of Deutsche Bundesbank, and Carsten Brzeski, Chief Economist at ING Germany discuss the policy outlook for the European Central Bank. They discuss the results of the May European Parliament elections and implications for the economic outlook in Europe and on the reform agenda for strengthening the Economic and Monetary Union in the euro area. They further discuss the economic and policy outlook in Germany after Merkel, and the challenges for the ECB as the world economy heads for a slowdown.
May 28, 2019
Jonathan Dharmapalan, founder and chief executive of eCurrency and Teunis Brosens, lead economist for digital finance at ING Group, join Bhavin Patel, senior economist and head of fintech research at OMFIF to discuss the future of central bank digital currencies. They cover the difference between currency and payment systems, the motivation and use case for central bank digital currencies, and the role of public-private partnerships in CBDC implementation. Further topics include technology maturity and how efforts should be driven by policy.
May 21, 2019
John Plender, non-executive director at OMFIF and a columnist at the Financial Times, joins Rein de Loor, programmes manager at OMFIF. They discuss the Federal Reserve’s outlook for monetary policy and the US economy, reserves management and global affairs affecting the financial system.