OMFIF

As markets explore #tokeniseddeposits and #stablecoins, tokenised money market fund shares deserve equal attention. Not only does tokenisation bring considerable benefits to money market fund shares, it changes how #institutionalliquidity is managed. omfif.org/2026/03/which-…

Huge thanks to Tara Hariharan, NWI Management, for joining me/OMFIF for a great podcast on the impact of the Iran war on investing in emerging markets as well as the asset class more generally.👋👋 omfif.org/podcast/the-em…

Charles Collyns, former senior IMF official, examines whether the Fund's Article IV 2026 concluding mission statement on the US economy is too soft on its largest shareholder. Please read his analysis👇 You can judge his answer! Huge thanks to Charles. omfif.org/2026/03/is-the…

On 10 February, Hinrich Foundation Founder and Chairman Merle A. Hinrich proposed a set of seven principles for the @WHO reform. The WTO could begin rebuilding trust immediately – by strengthening #transparency. omfif.org/2026/03/wto-re…

Across advanced economies, the debate over #sovereigndebt has re-taken centre stage. In the #US, federal #interestpayments are projected to absorb a growing share of fiscal revenues over the coming decade. omfif.org/2026/03/europe…

Market observers have told OMFIF they see no chance of private-money #stablecoins, which in 2025 turned over $33tn, providing enough volume for the settlement of #wholesalemarkets, where over-the-counter #foreignexchange turnover alone is $9.6tn a day. omfif.org/2026/03/euro-s…

Macron's G7 Presidency is emphasizing concrete commitments to tackle global imbalances and so is the Trump Admin for its G20 Presidency. We've seen this movie before. Expect lots of pomp & a nothingburger.👇 omfif.org/2026/03/global…

#DonaldTrump and his administration have talked about the #Venezuela's oil, but haven’t outlined plans for defaulted #debts, totalling at least $150bn or over 200% of gross domestic product. Here are 11 considerations for the potential debt restructuring. omfif.org/2026/02/bondho…

Across #advancedeconomies, the widening #insuranceprotectiongap is becoming a material concern for financial regulators. A new @WWF white paper warns that the trend cannot be reversed without addressing the accelerated #lossofnature. omfif.org/2026/02/the-in…

Assets remain largely invisible in this one-sided view of state finances via @OMFIF omfif.org/2026/02/japans…

Pro přední britský think-tank @OMFIF jsem sepsal text o tom, jak dluhopisové trhy reagují na posuny v umělé inteligenci a jaký podle jejich aktuálního posouzení bude její nejpravděpodobnější makroekonomický dopad. Vyhlídku dluhopisových trhů lze krátce popsat touto nerovnicí: Inflace (růst výnosů) způsobená vzestupem produktivity < špatná de(zin)flace (pokles výnosů) způsobená propouštěním + dobrá de(zin)flace (pokles výnosů) způsobená poklesem jednotkových nákladů produkce ...a ve větším rozsahu ji popisuje zmíněný text: "Elon Musk, chief executive officer of SpaceX and Tesla, has argued that AI will end the age-old problem of scarcity. However, what bond markets are most likely signalling is that AI will deepen inequality, the effects of which will dampen economic growth. In one part of the economy, productivity will increase substantially, perhaps unprecedentedly, leading to exceptional profitability – primarily for AI leaders like Amazon, Alphabet, Meta and partially Microsoft. From this perspective, the current massive investments by these firms into AI infrastructure and data centres make good sense. However, a significant remainder of the economy appears likely to be adversely affected by AI. There is a risk of widespread layoffs and rising unemployment, which will limit the consumption capacity of a substantial portion of the population enough to significantly slow overall economic growth. This will create pressure in the form of ‘bad disinflation’ or even ‘bad deflation’ – driven not by technological progress and falling unit costs, but by a broader weakening of demand. The pro-inflationary pressure of stronger economic growth (driven by AI-enabled profitability) will thus be countered by two deflationary forces: the aforementioned ‘bad deflation’ and the ‘good deflation’ caused by the reduction in unit production costs. In aggregate, these two deflationary pressures will be stronger than the pro-inflationary ones. Consequently, the net impact of AI will be ‘good’ disinflationary, though not in the extreme form envisioned by Musk." ...pokračuje zde: omfif.org/2026/02/mit-ec…

#EmmanuelMacron is now moving at speed not only to choose a new governor for the @banquedefrance but also to arrange an early @ecb departure for #ChristineLagarde; this speeds up a complicated race for her succession. Who will the #EuropeanCouncil choose? omfif.org/2026/02/key-fr…

OMFIF’s Latin America #sovereigndebt outlook highlighted why the investment case for Latin America sovereign bonds rests on macroeconomic repair and governments managing #geopolitical shifts. omfif.org/2026/02/latin-…

🔥 Get ready for #DEC26 on March 26, 2026! Engage with visionary leaders and explore the future of digital money. Be part of the evolution! Join us here - eventbrite.de/e/digital-euro… @digieuro #DigitalEuro #Blockchain

Policy space has traditionally been assessed through familiar metrics. These metrics have proven useful, but they fail to explain – economies with broadly similar macroeconomic fundamentals often experience radically different market reactions. omfif.org/2026/02/percep…

Today, OMFIF welcomed Ali Moussavi, head of policy and international strategy in the @bankofengland payments innovation and fintech directorate, for a roundtable on the evolution of digital money.

The US Treasury released its latest Foreign Exchange Report (FXR) in January 2026, receiving little fanfare as the report broke no new ground on ‘manipulation’ findings. Yet officialdom and the global FX community should pay attention, writes @sobel_mark omfif.org/2026/02/us-tre…

Dr. Abbas Albasha, senior strategy consultant at Giesecke+Devrient joins OMFIF, to discuss why this approach is too restrictive, pointing out that a single CBDC system can be designed to meet both needs flexibly without need for two separate systems. omfif.org/podcast/collap…

The #UK fits #publicaccounts are among the most transparent in the world. Yet despite it the UK presided over one of the largest and least examined transfers of public wealth: the systematic disposal of #publicrealestate, writes @dagdetter. omfif.org/2026/02/visibi…

The UK political and economic establishment has been gripped by a bout of instability over the potential deposition of Prime Minister Keir Starmer. But there are six reasons why he should stay. omfif.org/2026/02/six-re…