The Official Monetary and Financial Institutions Forum (OMFIF) Economic and Monetary Policy Institute, is hosting an online event that may be of interest. It is called It’s all about the role of money. Information about the event may be accessed HERE. The event is described this way:
Money sits at the heart of central banking, but how can its core functions help shape the future direction of policy? Nathanaël Benjamin, executive director of financial stability strategy and risk at the Bank of England, joins OMFIF to present a unifying framework for understanding the role of central banks through the three core functions of money: as a unit of account, a medium of exchange and a store of value. Drawing clear links between the Bank of England’s activities and these functions, Benjamin will explore how this framework can inform thinking on the appropriate reach of central bank policies in an increasingly complex financial landscape. The session will also examine how viewing financial policy through this lens can help address the risks and frictions that impair money’s ability to perform its core functions. Benjamin will discuss the importance of building resilience where shocks could be amplified, removing barriers to growth and supporting responsible innovation where it strengthens the functioning of money.
REGISTRATION INFORMATION HERE.
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