The FINANCIAL Globally-significant events have driven recent financial market volatility and contributed to the emergence of a risk-off environment, according to leading London Business School economists. The observations by Hélène Rey and Richard Portes, Professors of Economics at LBS, were made in their ‘conversation with moderator’ opening the recent ECB Forum on Central Banking inThe FINANCIAL Globally-significant events have driven recent financial market volatility and contributed to the emergence of a risk-off environment, according to leading London Business School economists. The observations by Hélène Rey and Richard Portes, Professors of Economics at LBS, were made in their ‘conversation with moderator’ opening the recent ECB Forum on Central Banking in » The FINANCIAL Economic
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Elvira Nabiullina managed to rescue the rouble after Russia invaded Ukraine, but capital controls, a deep recession, and a vulnerable financial system promise more turbulent times ahead.