Summary
Authors
Welcome to the second edition of Amundi’s Newsletter for Central Banks, a publication specifically designed for you by Amundi experts.
In an environment marked by macroeconomic and geopolitical complexities, our inhouse specialists come together to share their views on global policy and investment themes important to Central Banks worldwide.
In this edition, we dive into the rising debt burden in the United States, analyse the complexities of US exceptionalism's impact on the US Dollar, and explore the evolution of climate indices and what this means for central banks’ portfolio allocations.
In this issue
The US faces a looming debt crisis, necessitating fiscal adjustments despite high demand for US debt. Escalating federal debt levels raise concerns about financing feasibility and potential economic repercussions, with investors likely to face higher term premiums in US debt markets.
Delve into the intricacies of US exceptionalism and its influence on the US Dollars trajectory, navigating through shifting narratives in 2023 and offering insights into the currency's potential trajectory in 2024 amidst geopolitical and monetary complexities.
Explore the evolution of climate benchmarks from past limitations to future-aligned frameworks, navigating through regulatory mandates, proprietary strategies, and industry-backed initiatives, providing a compass for central banks on their net zero journey.
What's new?
Find out more on Sovereign entities
