Inflation is high virtually everywhere, but what’s pushing prices to record levels in Europe is not necessarily what’s fueling inflation in the United States. The European Central Bank and the Federal Reserve share a common problem and similar financial tools to fight it, but Europe’s supply-dominated inflation and America’s mostly demand-dominated inflation require slightly different approaches. Philip Lane is Chief Economist for the European Central Bank. In this podcast, he says finding the “sweet spot” between fiscal and monetary policies will allow for continued support to vulnerable Europeans hard hit by high energy prices and double-digit inflation, while not further straining public finances. Transcript: http://bit.ly/3X55sU2 Philip Lane participated in the IMF’s Jacques Polak Annual Research Conference. Watch the Webcast at IMF.org

Economic outlooks don’t come easy in the current environment but the latest Regional Economic Outlook for sub-Saharan Africa proved to be particularly challenging. Its title Living on the Edge tells part of the story but in this podcast, economist Wenjie Chen walks us through the research behind the new report. Chen is a deputy head in the Regional Studies Division and part of the team of macroeconomists who dissect regional trends to come up with key priorities for policymakers. Transcript: https://bit.ly/3U6lUBy Read the report at IMF.org

Cryptocurrencies have grabbed news headlines with their dramatic highs and lows, and their proponents argue they could revolutionize the financial system, making it faster and fairer. But is the cryptocurrency craze dragging us all into dangerous waters? Hilary Allen is a professor of law at American University and studies the impact of new financial technologies on financial stability. Allen is also the author of The Superficial Allure of Crypto published in the September edition of Finance and Development. In this podcast, Allen sits down with journalist Rhoda Metcalfe to discuss the risks associated with cryptocurrencies and why she thinks that they simply cannot deliver their claimed benefits. Transcript: https://bit.ly/3eJTuOh Read The Superficial Allure of Crypto at IMF.org/FandD

Amid growing calls to deglobalize the economy, Raghuram Rajan says not so fast. Rajan, a former Governor of the Bank of India and former IMF Chief Economist, delivered this year's Per Jacobsson Lecture, in which he argues that continued globalization is our best chance to tackle climate change. Transcript: https://bit.ly/3EVhCIC Watch the webcast of the Per Jacobsson Lecture at IMF.org

Rising risks to the inflation outlook and rapidly changing views about the likely pace of monetary policy tightening have been dominant themes affecting financial stability. The latest Global Financial Stability Report (GFSR) says the Russian invasion of Ukraine has also exerted a material drag on the global recovery from the pandemic and increased financial vulnerabilities. Fabio Natalucci heads the GFSR and Global Financial Markets Monitoring. In this podcast, he says with inflation now at a multi-decade high and tightening financial conditions, it will take time for investors and policymakers to adjust to the new world. Transcript: https://bit.ly/3Ml5h21 Read the full report at IMF.org/GFSR Read the blog at blogs.imf.org

With shock upon shock hitting the world economy in the last three years, IMF Managing Director Kristalina Georgieva's customary opening speech to the Annual Meetings warned of a darker global outlook and emphasized the need for the world to come together to deal with the consequences. The speech was delivered to an audience of students at Georgetown University's School of Foreign Service and presided over by Dean Joel S. Hellman and Georgetown University President John J. DeGioia. Transcript: https://bit.ly/3MgciB9

How can multilateral institutions like the IMF help close the gender gap? IMF Senior Advisor on Gender, Dr. Ratna Sahay joins Jason Mitchell, Head of Responsible Investment Research at Man Group, on their A Sustainable Future podcast to talk about how gender disparities hurt economic growth. Dr. Sahay has been a gender equality pioneer over the years- helping to break down barriers within her own institution. She now heads the IMF's first strategy toward mainstreaming gender into its core work. Transcript: https://bit.ly/3dNaCm1 Go to  man.com/ri-podcast  to see more episodes of A Sustainable Future with Jason Mitchell.    

The Michel Camdessus Central Banking Lecture is an annual event honoring the IMF's longest-serving Managing Director. This year's lecture was presented by François Villeroy de Galhau, Governor of the Banque De France, and introduced by IMF Managing Director Kristalina Georgieva. In his lecture, Governor de Galhau says today's multiple crises are challenging public trust in central banks.  Transcript: https://bit.ly/3Sna8Bx Go to IMF.org to watch the webcast of the entire event including a post-lecture discussion.

While consumers' expectations of where prices are going are something that economists have been tracking for a long time, understanding how those expectations are formed provides valuable insight toward controlling inflation. New research by economists Carlo Pizzinelli (IMF), Peter Andre (Briq Institute), Christopher Roth (University of Cologne), and Johannes Wohlfart (University of Copenhagen) shows a surprising divide between what experts think and consumers believe drives inflation and other economic trends. Carlo Pizzinelli is the author of an article in the latest Finance and Development based on the study. In this podcast, Pizzinelli sits down with Journalist Rhoda Metcalfe to discuss how the collective consumer mind influences economic policy. Transcript: https://bit.ly/3RMPYAv Read the study: https://bit.ly/3RrXmlb  

Welcome to the 5th and final episode of Fintech Forward, the IMF podcast that focuses on financial technology. Hosted by IMF economist Tara Iyer, the special 5-part series draws from the expertise of the IMF Monetary and Capital Markets Department (MCM) to better understand the impact of emerging technologies on financial systems and local economies around the world. In this podcast, MCM's May Khamis talks about how the IMF's Financial Stability Assessment Programs, which started in the early 2000s, are adapting to the rapid rise of FinTech.  Transcript: https://bit.ly/3wJ9HZM