News

G30 Members in the News

Members of the Group of Thirty are engaged in a wide variety of financial and economic issues, frequently offering their perspectives, ideas, and solutions. Below is a list of articles and interviews that G30 members have contributed in their personal capacities.

Archive

March 2025

Jason Furman:

(Mar 31)  Trump Is About to Bet the Economy on a Theory That Makes No Sense

(Mar 14)  Cost-Benefit Economics

William C. Dudley:

(Mar 26)  Why the Fed Wants to Keep More US Government Debt

(Mar 24)  The US Needs Stablecoin Legislation Now

(Mar 12)  These Tariffs Will Be Worse Than Markets Think

Klaas Knot:

(Mar 26)  Klaas Knot: Presentation of the 2024 annual report

John C. Williams:

(Mar 26)  John C Williams: Opening remarks - New York Fed Regional and Community Banking Conference

(Mar 21)  Certain Uncertainty

(Mar 12)  John C Williams: Discussion of "Monetary policy transmission to real activity"

Andrew Bailey:

(Mar 25)  Andrew Bailey: Growth - what does it take in today's world?

Lawrence H. Summers:

(Mar 22)  Larry Summers on the Fed, US Energy Policy, Death by Bandwagon, DC Real Estate

(Mar 20)  Tariffs, economic uncertainty raise risk of recession

(Mar 20)  Summers Says Slowing Balance-Sheet Runoff Pace Is ‘Alarming’ Signal on Debt Fragilitys

(Mar 12)  50-50 Chance of a Recession This Year: Larry Summers

Ngozi Okonjo-Iweala:

(Mar 19)  America’s Big Trade Win

(Mar 7)  WTO urges global trading partners to engage in dialogue with US on tariffs

(Mar 6)  Ngozi Okonjo-Iweala, Tiwa Savage, Nissi Ogulu & Others Honoured at 2025 Forbes Women Africa Awards

Mohamed A. El-Erian:

(Mar 17)  The US Economic Outlook Is Becoming More Uncertain

(Mar 11)  What lies behind the dramatic shift in markets

(Mar 10)  The Fed’s Fixation on a 2% Inflation Target Is Risky

(Mar 4)  US Recession Odds Are Becoming Unsettlingly High

William C. Dudley:

(Mar 12)  These Tariffs Will Be Worse Than Markets Think

John C. Williams:

(Mar 12)  John C Williams: Discussion of "Monetary policy transmission to real activity"

Raghuram G. Rajan:

(Mar 11)  Trumponomics’ Exorbitant Burden

Roger W. Ferguson Jr.:

(Mar 8)  Roger Ferguson on February jobs report: A 'so far, so good' relief kind of number

Kenneth Rogoff:

(Mar 5)  What Trump 2.0 Means for Africa and Latin America

Joachim Nagel:

(Mar 3)  Bundesbank proposes debt brake reform for sound public finances and increased investment

Adair Turner:

(Mar 3) Martin Wolf talks to Adair Turner: Can the world decarbonise fast enough?

 

February 2025

Adair Turner:

(Feb 27) AI Will Not Supercharge GDP Growth

Joachim Nagel:

(Feb 26)  Watch CNBC's full interview with Deutsche Bundesbank President Joachim Nagel

(Feb 14)  Nagel says Europe needs digital currency for ‘sovereignty’

(Feb 13)  Gradual approach on inflation has served ECB well

William C. Dudley:

(Feb 25)  The Fed Must See What’s Wrong To Do Its Job Right

(Feb 12)  To Win the Global Money Game, America Has to Play

Raghuram G. Rajan:

(Feb 21)  Was DEI really just performative political theatre?

Daron Acemoglu:

(Feb 18)  Will We Squander the AI Opportunity?

(Feb 12)  Nobel prize winner on threat of AI dictators and Big Tech’s risk to democracy

(Feb 10)  The future of Europe is not Silicon Valley AI

(Feb 8)  The real threat to American prosperity

(Feb 4)  A Sputnik Moment for AI?

(Feb)  Institutions, Technology and Prosperity

Mario Draghi:

(Feb 18)  European Parliamentary Week 2025

Klaas Knot:

(Feb 18)  Klaas Knot: Dealing with geo-economic fragmentation

Mohamed A. El-Erian:

(Feb 14)  The mounting risks to US exceptionalism

(Feb 11)  Trump’s Early Tariff Wins Mask Future Risks

(Feb 4)  ‘Global south’ concept fuels unrealistic aspirations

Lesetja Kganyago:

(Feb 13)  Lesetja Kganyago: Institutions, leadership and the populist challenge

Andrew Bailey:

(Feb 11)  Are we underestimating changes in financial markets? - speech by Andrew Bailey

Lawrence H. Summers:

(Feb 11)  Summers Sees Biggest Inflation-Breakout Risk Since 2021 Errors

Agustin Carstens:

(Feb 6)  Chapultepec Conference 2025 – Keynote speech by Agustín Carstens

Ngozi Okonjo-Iweala:

(Feb 3)  Can the WTO stay relevant? With Ngozi Okonjo-Iweala

 

January 2025

Mohamed A. El-Erian:

(Jan 31)  Give the UK Growth Agenda a Chance

(Jan 27)  The Three Forces Shifting the Investment Landscape

(Jan 20)  Donald Trump needs to mind the gaps

(Jan 9)  2025 Economic Outlook with Mohamed El-Erian

Klaas Knot:

(Jan 31)  From Frankfurt with love: 14 years on the ECB’s Governing Council

Mario Draghi:

(Jan 24)  Mario Draghi awarded with the international “PoliTO Foresight and Innovation” prize

Philip Hildebrand:

(Jan 24)  A Macro and Geopolitical Outlook - Live from Davos

Ngozi Okonjo-Iweala:

(Jan 24)  How trade can protect the environment, instead of harming it

Tharman Shanmugaratnam:

(Jan 22)  Closing the Jobs Gap | Opening remarks by President Tharman | World Economic Forum 2025

Gita Gopinath:

(Jan 21)  On Global Growth And India's $10 Trillion Dream

Andrew Bailey:

(Jan 17)  A central banker's view of global challenges and expectations for the Bretton Woods Institutions' response

Janet Yellen:

(Jan 15) Remarks by Secretary of the Treasury Janet L. Yellen Reflecting on the Biden-Harris Administration’s Economic Record

Pan Gongsheng:

(Jan 13) Speech - opening ceremony of the Asian Financial Forum

Daron Acemoglu:

(Jan 9)  Are High-Skill Immigrants a Problem?

Jason Furman:

(Jan 7)  Left and Right Alike Are Blind to Trade-Offs

Raghuram G. Rajan:

(Jan 3)  Economic Development in a Protectionist World

 

December 2024

Jason Furman:

(Dec 10)  Strengthening America's Economic Dynamism

(Dec 8)  Jason Furman on the Future of the United States Economy

(Dec 4)  Eight Questions—and Some Answers—on the US Fiscal Situation

(Dec 4)  Economic Growth Won’t Reduce the Deficit Enough

William C. Dudley & Axel Weber:

(Dec 10)  A Dual Strategy to Transform Cross-Border Payments

Lawrence H. Summers:

(Dec 10)  Implications of new US foreign economic policy: Conversation with Lawrence Summers

Daron Acemoglu:

(Dec 8)  2024 Nobel Prize Lectures in Economic Sciences

Roger W. Ferguson Jr.:

(Dec 6)  The Fed will likely cut 25 bps in December then be in a wait-and-see mode

William C. Dudley:

(Dec 6)  A Bitcoin Reserve Would Be a Bad Deal for Americans

(Dec 2)  The Fed’s Next Big Policy Rethink Needs Rethinking

Mohamed A. El-Erian:

(Dec 5)  This Is Not France’s "Truss" Moment

(Dec 3)  An extraordinary global economy will require extraordinary agility

(Dec 2)  'Don't short U.S. economic exceptionalism'

Kenneth Rogoff:

(Dec 4)  China's Real Estate Challenge

John C. Williams:

(Dec 2)  The Journey

Klaas Knot:

(Dec 2)  On phronesis and price stability

 

November 2024

Andrew Bailey:

(Nov 29)  Growth

Klaas Knot:

(Nov 29)  Geopolitics and economics - a high-traffic intersection

(Nov 18)  Knot Your Average Banker: Klaas Knot, President of Dutch National Bank

(Nov 11)  Beyond the rules - promoting an ethical culture in central banks and supervisory authorities

Daron Acemoglu:

(Nov 29)  The World Needs a Pro-Human AI Agenda

Kenneth Rogoff:

(Nov 28)  Europe’s Economy Is Stalling Out

(Nov 25)  r-g before and after the Great Wars 1507-2023

Joachim Nagel:

(Nov 27)  Joint European responses to the challenges we face

(Nov 26)  Geoeconomic fragmentation - handling inflation pressures and volatility, increasing resilience

(Nov 4)  A stable euro in a strong Europe

William C. Dudley:

(Nov 26)  Bessent Will Have to Fix America’s Finances. Good Luck With That.

(Nov 18)  Powell's view is that policy is still restrictive and needs to be: Former New York Fed president

(Nov 12)  I Would Not Be a Stock Market Bull, Dudley Says

Gita Gopinath:

(Nov 21)  Closing Session - 12th IMF Statistical Forum: Measuring the Implications of AI on the Economy

Jason Furman:

(Nov 21)  How to Regulate AI Without Stifling Innovation

(Nov 15)  The Fed in some ways is accepting rather than defining reality

(Nov 11)  It Will Be Hard for Fed to Keep Cutting Rates After December, Furman Says

(Nov 11)  What a second Trump term means for U.S. fiscal health - Marketplace Morning Report

(Nov 9)  Jason Furman: The Hale Report Ep. 62

John C. Williams:

(Nov 21)  Fed’s Williams Sees Inflation Cooling and Interest Rates Falling Further

(Nov 14)  X Marks the Spot: Making Missing Markets

Lesetja Kganyago:

(Nov 21)  SARB MPC Press Conference

Mohamed A. El-Erian:

(Nov 14)  El-Erian Sees ‘Difficult Choices’ Ahead for the Federal Reserve

(Nov 14)  Once Again, It Was the Economy, Stupid

(Nov 7)  Ignore the doom-mongers: the good news on interest rates shows Labour is on the right track

(Nov 4)  The Two Things We Need From the Federal Reserve Right Now

(Nov 1)  El-Erian Says Three Elements of Jobs Report Are Noise

Roger W. Ferguson Jr.:

(Nov 4)  The Fed should look through the weaker-than-expected October jobs report

Mario Draghi:

(Nov 1)  Europe can learn fiscal lessons from the UK on how to achieve its goals

 

October 2024

Agustin Carstens:

(Oct 31)  The future of finance

(Oct 29)  A test of resolve: credible resolution following the 2023 banking turmoil

(Oct 22)  Risks facing the global economy

Jason Furman:

(Oct 29)  What happens when Social Security runs out of money?

(Oct 17)  Policy Making in the Modern Era - Harvard

(Oct 17)  How would across-the-board tariffs create chaos in 2025? - Virtual Event

Pan Gongsheng:

(Oct 29) Pan Gongsheng: Strike the right balance and pursue high-quality development of the Chinese economy

Mohamed A. El-Erian:

(Oct 29)  Bond Market Responds Oddly to the Fed’s Move

(Oct 21)  Why the west should be paying more attention to the gold price rise

(Oct 21)  Toward a Fifth World Order

(Oct 18)  How to Judge the New British Government’s First Budget

(Oct 17)  El-Erian on Fed: Time to Get Out of Data Dependency

(Oct 10)  China Has Taken Out an Insurance Policy, Not a Bazooka

(Oct 7)  How to Think About the Surprising US Jobs Data

Klaas Knot:

(Oct 28)  Want a strong financial system? Implement Basel III

(Oct 28)  Partly cloudy skies in the euro area, with a silver lining

(Oct 23)  ECB’s Knot says the central bank should worry about undershoots as much as it does about overshoots

Andrew Bailey:

(Oct 28)  The future of money and payments

(Oct 24)  Today's challenges in financial stability - the new and the not so new

Gita Gopinath and Ngozi Okonjo-Iweala:

(Oct 26)  Per Jacobsson Lecture

Joachim Nagel:

(Oct 24)  Dot plots for the Eurosystem?

(Oct 22)  Breaking the vicious circle between banks and sovereigns for good

(Oct 14)  Introducing a digital euro - the cross-border dimension

(Oct 1)  Opportunities and risks of digitalisation in geopolitically difficult times

(Oct 1)  Interactions between monetary policy, regulation and financial markets

Raghuram G. Rajan:

(Oct 24)  Reform or Irrelevance for the IMF?

Arminio Fraga:

(Oct 23) The Economics of Neopopulism

Ngozi Okonjo-Iweala:

(Oct 23)  The Key to Unlocking the Benefits of Trade

(Oct 4)  Unilateralism leads to lose-lose situation

Tharman Shanmugaratnam:

(Oct 23)  Creating Jobs for Young People | World Bank Annual Meetings 2024

Lesetja Kganyago:

(Oct 22)  Lessons learnt - how the South African Reserve Bank moved inflation to 4.5% and what it cost

(Oct 7)  Paradigm shift - the future of payments in South Africa

Lawrence H. Summers:

(Oct 21)  A Conversation with Lawrence H. Summers - Dartmouth

Hélène Rey:

(Oct 21) The Explainer of Dollar Power

Mark Carney:

(Oct 18) Mark Carney on Uncommons

William C. Dudley:

(Oct 18)  Bill Dudley on Reading the Fed's Dot Plot

(Oct 3)  How My Hard Economic Landing Forecast Went Wrong

Ernesto Zedillo:

(Oct 15) Reinforcing the multilateral system: Counting on Europe to keep us from the brink

(Oct 9) Bill Graham Lecture: Jean Chrétien & Former President of Mexico Ernesto Zedillo

John C. Williams:

(Oct 14)  All about data

(Oct 1)  Ten years gone

Roger W. Ferguson Jr.:

(Oct 14)  There's not much consensus for a Fed pause right now

(Oct 3)  A Former Fed Vice Chair Sizes Up Rates, the Economy, and Powell

Masaaki Shirakawa:

(Oct 11) Japan government must remember commitment to fiscal side of BOJ pact

Kenneth Rogoff:

(Oct 10)  Is Capitalism Really the Cause of Global Inequality?

(Oct 1)  Rethinking Foreign Funding for Africa

Mario Draghi:

(Oct 9)  The Future of European Competitiveness - International Energy Agency

Jean-Claude Trichet:

(Oct 4)  A 'dramatic break' with China would be a 'big mistake'

 

September 2024

Mohamed A. El-Erian:

(Sep 30)  The Federal Reserve’s insurance policy

(Sep 16)  Labor Is Risking Its Encouraging Economic Start

(Sep 13)  The big question is what comes next after the Federal Reserve's rate cut

(Sep 12)  Markets Lack a Dominant Economic View

Mario Draghi:

(Sep 30)  The future of European competitiveness: a conversation with Mario Draghi

(Sep 9)  The future of European competitiveness

(Sep 9)  Von der Leyen and Draghi Unveil Strategies for Europe's Future Competitiveness

Roger W. Ferguson Jr.:

(Sep 27)  Expect the Fed to cut two more times this year

(Sep 26)  Former Fed Vice Chair Ferguson on Rates, Inflation, and the Economy

(Sep 26)  Volatility will come from being data dependent.

(Sep 16)  I would vote for a 25 basis point rate cut this week, says Roger Ferguson

Ngozi Okonjo-Iweala:

(Sep 27)  The Slow Mpox Response Is Another Pandemic Wake-Up Call

Daron Acemoglu:

(Sep 27)  Escaping the New Gilded Age

(Sep 18)  AI Economic Impact Overstated, Says MIT's Acemoglu: Asia Centric

(Sep 17)  How tech could actually make things better

(Sep 11)  Is AI overrated or underrated?

(Sep 2)  Rethinking the AI ​​​​boom

John C. Williams:

(Sep 11)  'E' is for equipoise

(Sep 6)  A Conversation with John C. Williams of the Federal Reserve Bank of NY

Joachim Nagel:

(Sep 24)  Joachim Nagel: Why do we need Europe?

(Sep 19)  Joachim Nagel: Current monetary policy topics

(Sep 3)  What can we learn from the recent disinflation episode?

Klaas Knot:

(Sep 24)  Klaas Knot: The mission of Gerard Vissering - why we need independent central banks

(Sep 19)  Klaas Knot: On flood management and financial stability

Lawrence H. Summers:

(Sep 23)  Fed Unlikely to be Able to Cut as Much as They Want

(Sep 19)  Markets Overestimate Future Fed Easing

(Sep 6)  No Red or Green Light for the Fed

William C. Dudley:

(Sep 20)  William Dudley on the monetary policy outlook for the US

(Sep 18)  Bill Dudley Expects Fed to Cut Again in November

(Sep 16)  The Fed Should Go Big Now. I Think It Will.

(Sep 16)  Former NY Fed President Bill Dudley Talks Central Bank, New Essay | Bloomberg Talks

(Sep 6)  Former New York Fed President Bill Dudley Talks Rate Cuts | Bloomberg Talks

(Sep 5)  High Tariffs, Weak Dollar? A Recipe for Disaster

Jason Furman:

(Sep 20)  Draghi report: "Many of these reforms would allow the European economy to get closer to the level of the American economy"

(Sep 11)  Globalization with minimal apologies

(Sep 5)  Jason Furman on the one number the world is waiting for

Gita Gopinath:

(Sep 18)  A Strategic Pivot in Global Fiscal Policy

Raghuram G. Rajan:

(Sep 9)  Industrial Policy's Deceptive New Clothes

Jean-Claude Trichet:

(Sep 7)  Former ECB chief provides insights into EU monetary policy

(Sep 6)  ECB Cuts, Yen Correction, China Inflation

Tharman Shanmugaratnam and Ngozi Okonjo-Iweala:

(Sep 6)  The Water-Security Crisis

Jacob A. Frenkel:

(Sep 6)  Central Bank Policies

Kenneth Rogoff:

(Sep 5)  We Will See More Spikes in Inflation

Agustin Carstens:

(Sep 3)  Strong together: the benefits of international cooperation

 

August 2024

Mohamed A. El-Erian:

(Aug 30)  Analytical Volatility Is Worse than Market Whiplash

(Aug 22)  US Economy Is Lacking Anchors, Mohamed El-Erian Says

(Aug 19)  The Stakes Are High for Powell at Jackson Hole

(Aug 14)  The Market May Be Too Aggressive on Fed Rate Cuts

(Aug 13)  The market is expecting too much from the Fed

(Aug 8)  Beware of the Fed's Contrived Consensus

(Aug 6)  The Fed Should Resist Placating Markets

(Aug 5)  Policymakers need to rethink some rules

(Aug 2)  US Economy Slowing Faster, Broader Than Anticipated

(Aug 2)  Economist says Federal Reserve too slow to cut interest rates and weakening the economy

Klaas Knot:

(Aug 29)  Monetary-fiscal policy mix in the euro area - lessons learned and the way forward

Raghuram G. Rajan:

(Aug 28)  Jobs, Economy and India's Youth

Roger W. Ferguson Jr.: 

(Aug 27)  Expect the Fed to cut in a series of 25 basis point moves

(Aug 15)  The data right now supports a 'slower, more cautious' move in rates

(Aug 14)  We're definitely in a place to cut interest rates and should do so

(Aug 5)  Recession fears are overstated

(Aug 1)  A September rate cut is 'far more likely than not' at this point

Agustin Carstens:

(Aug 27)  Cross-border payments - unlocking new frontiers

Andrew Bailey:

(Aug 26)  Reflecting on recent times

Lawrence H. Summers:

(Aug 26)  Larry Summers and Bob Rubin Join Our CIOs to Discuss the Surprising Economic Cycle - Bridgewater Associates

(Aug 9)  Volatility and Calls for a Cut Rate - Wall Street Week

(Aug 2)  US Higher Education Has Lost its Way

Gita Gopinath:

(Aug 17)  IMF's Gita Gopinath & 15th Finance Commission chairman NK Singh speak on trade, industry & growth

(Aug 16)  India to become 3rd largest economy by 2027

William C. Dudley:

(Aug 16)  Five Big Questions for the Fed at Jackson Hole

(Aug 7)  The Fed's Wild Ride Has Just Begun

(Aug 7)  Bloomberg Talks: Bloomberg Opinion Columnist William Dudley Talks Fed's Patience

Jason Furman:

(Aug 16)  Jason Furman: 'Immigration has been the most important factor'

(Aug 7)  Jason Furman on the Fed and recession risks

(Aug 5)  The Fed and Monday's Correction

(Aug 4)  Careers: Charting Your Course

Kenneth Rogoff:

(Aug 14)  Inflation is going down, prices are going up

(Aug 6)  Stock market regains some stability after US recession worries

Paul Krugman:

(Aug 13)  Why Presidents Should Keep Their Hands Off the Fed

(Aug 6)  Market Crashes Happen. They Don't Necessarily Mean Much.

(Aug 5)  The Economy Is Looking Pre-Recessionary

(Aug 1)  How 2024 Became a Crypto Election

William R. Rhodes:

(Aug 7)  Meeting Global Challenges Requires Financial Innovation

Jean-Claude Trichet:

(Aug 6)  Correction in the US dollar-yen was overdue

Adair Turner:

(Aug 6) ‘I still think we have a chance of limiting global warming to well below 2C’

Daron Acemoglu:

(Aug 5) The AI Safety Debate Is All Wrong

Mervyn King:

(Aug 2) Failed Predictions, Printing Money and Cryptocurrency

 

July 2024

Lawrence H. Summers:

(Jul 31) Strengthening America’s Economic Dynamism

William C. Dudley:

(Jul 31) Dudley Expects Unanimous Vote to Cut in September

(Jul 25) William Dudley Talks Labor Market | Bloomberg Talks

(Jul 24) I Changed My Mind. The Fed Needs to Cut Rates Now.

Ngozi Okonjo-Iweala:

(Jul 30) WTO issues 2024 Annual Report (Opening message)

Raghuram G. Rajan:

(Jul 30) Democracy and Innovation Could Set India on a Different Development Path

(Jul 17) Unlocking India's Economic Potential

(Jul 11) Bracing for a More Inflationary World

Paul Krugman:

(Jul 30) Keep Sahm and Carry On

(Jul 16) Can We ‘Make America Affordable Again’? Should We?

(Jul 9) The Matrix of Consumer Discontent

(Jul 2) Who Pays Tariffs? And How Do We Know?

Timothy Geithner:

(Jul 30) Geithner Says the US Is Safe Haven in a Dangerous World

Roger W. Ferguson Jr.: 

(Jul 29) The data are mounting up for the Fed to cut rates

Kevin Warsh:

(Jul 28) Interest Rates Are a Sideshow in the Fed Drama

Mohamed A. El-Erian:

(Jul 25) The Fed May Be Two Meetings Away From a Policy Mistake

(Jul 25) The Factors Behind US Investor Confidence

(Jul 23) Why I am now optimistic that economies can break out of a rut

(Jul 10) Labour May Have the Fix the UK Economy Needs

(Jul 7) What the Federal Reserve should put on the Jackson Hole agenda

Daron Acemoglu:

(Jul 24) Rot Economics - An Interview With MIT's Daron Acemoglu

(Jul 16) A skeptical look at AI investment

(Jul 9) The Starmer Model

Agustin Carstens:

(Jul 19) An integrated approach to a safer and more resilient banking system

John C. Williams:

(Jul 19) The Rewiring of the Global Economy-15th Annual Conference

(Jul 5) John C Williams: Managing the known unknowns

(Jul 3) R-Star: A Global Perspective

Klaas Knot:

(Jul 16) The AI adventure - how artificial intelligence may shape the economy and the financial system

(Jul 16) Acta, non verba - interlinking fast payment systems to enhance cross-border payments

(Jul 8) „Ich sehe keinen Anlass für eine Zinssenkung im Juli“

(Jul 1) Play defensively, but be ready to strike back: a gradual easing of monetary policy

Ernesto Zedillo:

(Jul 16) The Security Council must evolve to prove itself fit for purpose in the 21st century

Masaaki Shirakawa:

(Jul 10) BOJ needs to remove the straitjacket of its hard 2% inflation target

Jean-Claude Trichet:

(Jul 9) Reasonably confident France will find political solution, no current party can rule alone

(Jul 8) French Election Shows Country Divided, Trichet Says

(Jul 8) Macron asks French PM to stay on as deadlock continues

Kenneth Rogoff:

(Jul 8) Are Americans Ready for the US-China Trade War?

Jason Furman:

(Jul 5) Policies for the future of work should be based on its past and present

Joachim Nagel:

(Jul 5) Joachim Nagel: The digital euro and the protection of privacy

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