The Euro at 21

As the Euro hits twenty-one, it’s time to consider the future of the monetary union. The Center will explore whether the monetary union will become a fiscal union, if negative interest rates are sustainable for another decade, and whether the Coronavirus has permanently eroded trust between Eurozone members.

The Dollar’s Destiny

The flood of dollars from the Federal Reserve in response to COVID-19 raises long-term concerns about a global economic system so reliant on one central bank and currency. Is the role of the dollar sustainable? Will massive QE generate inflation, deflation, or something different? What would the global financial system look like if the dollar was no longer the main reserve currency?