IMF Study: Current Fed Monetary Policy May Exacerbate Economic Inequality
Although many central banks – the Fed very much included – strongly contest assertions that they have a role in economic inequality, a new IMF staff paper finds that monetary-policy choices in fact have considerable inequality impact.
Global Digital-Payment, Stablecoin Policy Advances on Multiple Fronts
Reflecting ongoing warp-speed policy action on digital currency, the G7 finance ministers today issued a statement reasserting the importance of digital-payment policies that ensure stable, secure, and law-abiding payments systems even as innovation advances.
Global Insurance Regulators Outline Climate-Risk Supervisory Regime
Reflecting ongoing global efforts to address climate risk, the IAIS today issued for consultation a draft paper on climate-risk supervision.