Isabel Schnabel 🇪🇺🇺🇦

Great thanks to @BachmannRudi @michaelbauer_hh @christianbaye13 @BernothKerstin @bornecon @MarkusEconomist @HansGruener Martin Hellwig @kuhnmo @LeinSarahMarit @umalmend Ulrike Neyer @Schoefer_B @peterhtillmann Beatrice Weder di Mauro and @GuntramWolff .

Interesting discussion with German-speaking economists about monetary policy, financial stability risks from AI, oil markets, the inflationary impact of fiscal policy, central bank communication and the ability of economies to adapt to shocks.

Congratulations to Silvana, and especially to the IMF, for this fantastic appointment!

The full speech and slides can as usual be found on our website.

Under projects Pontes and Appia, the Eurosystem will provide a wholesale CBDC to provide a safe, trusted and scalable public settlement asset, ensuring that central bank money remains the anchor in a tokenised financial system, while allowing private innovation to thrive. 18/18

A digital euro preserves citizens’ access to public money, strengthens European strategic autonomy and provides a pan-European payment solution, reducing fragmentation. It is an indispensable step to maintain European sovereignty and provides benefits to all stakeholders. 17/18

I had the honour to give the keynote at the #BankofKoreaInternationalConference, hosted by Governor @HyunSongShin. I spoke about how stablecoins affect the financial landscape and what this implies for central banks, taking lessons from the evolution of money market funds. 1/18