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A downbeat ECB world view

Might the global economy all go horribly wrong again? Lorenzo Bini Smaghi, an ECB executive board member, has just warned that those who think the world will return to where it was before the economic...

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Global policy challenges

Four things have struck me at today’s high-level meeting on the international monetary system, organised by the International Monetary Fund and Swiss National Bank.Continue reading »

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Waiting for Geithner

Big day on the Hill on Thursday as Mr Secretary does the rounds talking about China: the Senate banking committee in the morning and the House of Reps ways and means committee (which spent yesterday on...

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Geithner: the prologue

No doubt in a valiant attempt to feed our insatiable curiosity ahead of time, some excerpts from Tim Geithner’s written testimony and prepared oral statement have come out tonight, before Thursday’s...

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The bad news on global imbalances

Keeping the show on the road became the G20′s main achievement at the acrimonious Seoul summit in November. But if you have to keep pedaling to stop the global trade imbalances bicycle from toppling, a...

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Another eurozone imbalance. Where are the female central bankers?

Watching the panel discussion on BBC’s Newsnight programme after the ECB’s announcement of its Outright Monetary Transactions policy last Thursday, a long-running criticism of central bankers was...

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