Lucrezia Reichlin

Lucrezia Reichlin

Lucrezia Reichlin, a former director of research at the European Central Bank, is Professor of Economics at the London Business School.

Kevin Warsh's Dangerous Monetary Nostalgia

The next Fed chair seems to think that the large size of the central bank’s balance sheet reflects a discretionary policy choice which can and should be reversed. In reality, however, the Fed's balance sheet has become part of the financial system’s core infrastructure, and shrinking it would carry serious risks.

Lucrezia Reichlin

February 9, 2026 at 3:53 PM IST

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Will Crypto Save the Dollar?

Trump’s aggressive trade tactics could undermine the very thing he seeks to protect: the dollar’s global dominance. As tariffs clash with financial realities, alternatives to the greenback may gain ground. Could cryptocurrencies offer a lifeline, or will Trump’s unilateral approach backfire, echoing Nixon’s historic monetary gamble?

Lucrezia Reichlin

February 3, 2025 at 5:26 AM IST

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The Bureau

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