Member Views

Will the Fed Start Believing in a Soft Landing?

BWC chair William C. Dudley writes on the Federal Reserve updating their Summary of Economic Projections soon, which haven't been "consistent with the soft landing that many in markets are already predicting, so any changes will be significant."

How Germany’s Security Strategy Incorporates Economic Resilience

BWC member Hung Tran writes that it's hard enough "to outline a strategy that addresses all three pillars - defeinse, resilience, and sustainability - but as Germany illustrates, it's even harder to mobilize the financing and domestic support to put that strategy into action."

Government Debt Needs to Be Repaid, And Other Myths About the Federal Deficit

Emerging Market Migration Bonds Repair US-EU Model

BWC member Gary Kleiman writes in bne IntelliNews that emerging market migration bonds are repairing the model.

"The... concept is to create a commercial long term cash stream thus far absent in the debate... priced at a discount from standard sovereign ones..."

What Does the Monetary Path Forward Hold for China, Russia and the US

BWC member Paul Sheard was interviewed on a recent CFA Society New York Compound Insights episode, "What Does the Monetary Path Forward Hold for China, Russia and the US".

They discussed details of monetary policy after busy weeks of significant developments.

Bigger Financial Cushions Won’t Solve Banks’ Woes

"US regulators want to boost capital requirements for the biggest banks by nearly 20%," writes BWC chair William Dudley in Bloomberg Opinion.

"No doubt, capital is a key element of resilience. But there are better ways to strengthen the financial system."

US Treasury’s IMF Worldview:  Multilateralism, More Macroeconomics, Domestic Realities

19th St. and the rest of the world may not be fully pleased*

Xi Jinping Is Done With the Established World Order

BWC member and Atlantic Council "economist Hung Tran argued in a recent report, China aims to 'turn the BRICS group into a support organization for China’s geopolitical agenda' and a 'venue for anti-US political activism.'"

The G20 Lives On, But Mistrust Between the West and China Hampers Progress

BWC Climate and Energy Transition Finance Project Team co-lead Creon Butler says "Russia’s attack on Ukraine is critically important" especially in the G20 context but "the compromise enabled agreement on other pressing issues after none of the preceding ministerial meetings had..."

Spyridon Bisisidis

Lastly this week we welcome new member Spyridon Bisisidis, partner at Deloitte Greece.

Spyridon is responsible for developing and delivering risk management solutions in the Greek banking sector.

We appreciate his support, and we look forward to his engagement!