Money matters? Perspectives on Monetary Policy
A blog by Francesco Papadia, providing a personal perspective on monetary policy developments drawing from an experience of 40 years in critical positions in central banking.Recent Posts
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The European Central Bank’s timid operational framework and what it is missing
Together with Giulia Gotti Abstract In March 2024, the European Central Bank published the results of a review...
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Può il governo Meloni sanare i conti e rilanciare in modo strutturale la crescita dell’Italia
Il Presidente del Consiglio Meloni ha una grande opportunità, ma deve sorpassare due ostacoli formidabili per coglierla. La...
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The European Central Bank’s timid operational framework update
The European Central Bank announced limited changes to its operational framework – which is probably right given current...
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On three issues relating to central bank foreign reserves
I was recently asked to deliver a presentation to central bankers on three issues relating to foreign exchange...
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Don’t look only to Brussels to increase the supply of safe assets in the European Union
A sufficient supply of safe assets denominated in euros is critical if the European Union is to achieve...
