Changing Engines, Different Cycles: Monetary Policy in China and Europe
Isabelle Jiani Zheng | 20 August 2026
Monetary,
Blog | Tags:
China,
Economic Growth,
Europe,
Macroprudential Policy
At the aggregate level, China and Europe are in very different macroeconomic phases. China continues to face weak domestic demand and persistently low inflation, while Europe is confronting renewed inflationary pressure from an external supply shock ...
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Governing China’s Financial System: Monetary Policy and Financial Regulation in a Changing Macroeconomic Environment
Upcoming: 14 September 2026 | Beijing | By Invitation
Monetary,
Roundtables | Tags:
China,
Economic Growth,
Financial Supervision,
Governing Finance
China’s financial system is operating in an increasingly complex landscape shaped by profound structural transformations and evolving macroeconomic conditions. Technological innovation, demographic change, and the transition to a greener economy, are interacting with more immediate challenges ...
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Governing China’s Financial System: Monetary Policy and Financial Regulation in a Changing Macroeconomic Environment
Upcoming: 17 September 2026 | Hong Kong | By Invitation
Monetary,
Roundtables | Tags:
China,
Economic Growth,
Financial Supervision,
Governing Finance
China’s financial system is operating in an increasingly complex landscape shaped by profound structural transformations and evolving macroeconomic conditions. Technological innovation, demographic change, and the transition to a greener economy, are interacting with more immediate challenges ...
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Rethinking Europe’s Climate Insurance Framework
Upcoming: 22 September 2026 | Brussels | By Invitation
Monetary,
Roundtables | Tags:
Climate Change,
Europe,
Financial Stability,
Insurance,
Systemic Risks
Europe is the fastest-warming continent and faces mounting economic costs from climate-related disasters. Insurance is central to managing and mitigating these costs. Yet Europe’s protection gap is significant and persistent ...
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How Southeast Asia’s Central Banks Can Meet the Climate Challenge
Vinod Thomas and
Muhammad Qaisar | 5 August 2026
Monetary,
Commentary | Tags:
ASEAN,
Central Banks,
Climate Risks,
Targeted Refinancing Lines
Climate change is creating greater price and financial instability across Southeast Asia, from supply chain disruptions to increased default risks. Operating within their traditional mandates, the region’s central banks are monitoring these risks in a largely reactive manner.
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Bank of Japan’s Independence Reinforces Sanaenomics’ Credibility
Matthew Poggi | 29 July 2026
Monetary,
Blog | Tags:
Central Banks,
Governing Finance,
Japan
Japan’s annual economic policy blueprint rarely moves markets. This year’s did, even before it was finalised. An early draft of the Sanae Takaichi administration’s ‘Basic Policy on Economic and Fiscal Management and Reform’ placed unprecedented emphasis on the compatibility of Bank of Japan policy with
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Forget Stablecoins
Burkhard Drees and
Sunil Sharma | 2 June 2026
Monetary,
Commentary | Tags:
CBDC,
Central Banks,
Financial Governance,
Stablecoins
Modern banking systems are inherently fragile because they assign to private institutions the contradictory tasks of simultaneously creating money and financing risky lending. Digital innovation amplifies this fragility: stablecoins introduce new layers of runnable instruments, while digitization accelerates financial panics.
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ASEAN Central Banks Need New Tools for New Risks
Julia Bingler and
Matthew Poggi | 13 May 2026
Monetary,
Commentary | Tags:
ASEAN,
Central Banks,
Energy,
Systemic Risks,
Targeted Refinancing Lines
Southeast Asia faces a growing exposure to novel interacting risks that drive inflation and financial instability. Under the Philippines’ leadership as 2026 ASEAN chair, there is an opportunity to strengthen the region’s response to reduce exposure to and manage the risks through the ASEAN Finance
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Japan Needs a New Framework for a Post-Deflation Economy
Matthew Poggi | 29 April 2026
Monetary,
Blog | Tags:
Central Banks,
Economic Growth,
Governing Finance,
Japan
Japan’s policy-makers should reconsider whether the institutional framework governing relations between the government and the Bank of Japan still fits the country’s economic priorities.
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Macroprudential Policy for a Low Carbon Economy: The Case of Cross-Border Funding in China
Isabelle Jiani Zheng and
Pierre Monnin | 24 April 2026
Monetary,
Policy Briefs | Tags:
China,
Decarbonization,
Macroprudential Policy
Understanding how macroprudential frameworks can be designed and adapted to support cross-border flows is therefore an increasingly pressing question for policymakers. This paper distills the lessons from China on how to do so.
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