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Barclays plc

This week we also welcome new member Barclays plc.

Barclays operates in over forty countries, employs over 80,000 people, and is the fifth largest bank in Europe by assets.

We appreciate their support for our work and mission, and we look forward to their engagement!

Standard Bank Group

This week we welcome new member Standard Bank Group.

Standard Bank is the largest lender in Africa by assets. They operate in countries across Africa as well as elsewhere.

We appreciate their support for our work and mission, and we look forward to their engagement!

From Poverty to Empowerment: Raising the Bar for Sustainable and Inclusive Growth

BWC member McKinsey Global Institute published new research that looks at what it would take to raise minimum living standards and get on a net-zero path—in this decade.

They assesses the extent to which accelerated growth and innovation can further these ambitions.

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*