Current Account with Clay Lowery

In this episode of Current Account, Clay recaps the recent G20 meetings in India, focusing on the topic of Multilateral Development Bank (MDB) reform. The discussion covers the US approach, what impacts MDB reform may have and how the upcoming IMF/World Bank meetings will discuss this topic.

Clay is joined by Rhodium's Logan Wright to talk about China and its economy since its post-pandemic reopening.

In this episode of Current Account, Clay is joined by two IIF colleagues, Jeremy McDaniels, Deputy Director of Sustainable Finance and Katie Rismanchi, Deputy Director of Regulatory Affairs, to help explain the recent developments in the standards set by the International Sustainability Standards Board (ISSB.) The discussion includes an explanation of the ISSB and its standards, international reac...

In this episode of Current Account, Clay takes a look at the current state of India. Topics broadly cover India's role as this year's G20 chair, what the upcoming Central Bank Governor and Finance Minister meetings may look like, reviewing Indian Prime Minister Narendra Modi's recent visit to the United States and India's relationships with China and Russia.

In this episode of Current Account, Clay is joined by Nathan Sheets, Global Chief Economist at Citi, to talk about Japan. The discussion centers on a recent history of Japanese economy, what a transition from Gov. Kuroda to Gov. Ueda is looking like, explaining the policy of Yield Curve Control and its pros and cons and what the future may look like for Japan.

In this episode of Current Account, Clay takes a look at the upcoming meetings in Paris. The Summit for a New Global Financing Pact takes place on June 22-23, and Clay talks about many of its key points, but focuses mainly on Special Drawing Rights (SDRs). Other topics include Multilateral Development Bank (MDB) reform, taxes and innovative financing, and global debt.

In this week's episode of Current Account, Clay dives into a topic at the forefront of the minds of many - digital asset regulation in the United States. He begins by explaining what the recent developments have been, lawsuits filed by the Security and Exchange Commission (SEC) and a recent draft bill in Congress to establish a regulatory framework for digital assets with the SEC and Commodity Fut...

In this episode of Current Account, Clay touches on a variety of topics. First, he revisits the US Debt Ceiling and the Turkish Elections, highlights Banking Regulation security, Artificial Intelligence and China as the three major points of discussion in 2023 thus far and recaps recent IIF trips to Asia and Europe.

Welcome to Current Account with Clay Lowery, the Executive Vice President of the Institute of International Finance, the global association of the financial industry. On Current Account, Clay talks about a variety of impactful topics in international finance, while integrating his background in US Politics and Policy where applicable. Topics on Current Account vary from those domestically, such as...

In this episode of Current Account, Clay revisits the timely topic of the United States Debt Ceiling. He outlines what the "X date" is and why it is important, analyzes what each political party will be negotiating for, gives a variety of scenarios as to how the issue may be resolved and lays out the potential impact these outcomes may have at a global scale. Clay's initial explanation o...

In this episode of Current Account, Clay is joined by IIF's Head of EM Europe Research, Ugras Ulku, to discuss the upcoming Turkish Presidential Election on May 14th. The conversation includes an analysis of where Turkey is presently, what each candidate, President Recep Tayyip Erdoğan and challenger Kemal Kilicdaroglu, bring to the table, what may happen in each potential outcome and the impact e...

In this episode of Current Account, Clay revisits China, this time to analyze the processes of decoupling and de-risking China. This includes how the economic outlook of China has changed in the recent months, how Europe and the US differ in their approaches to this process and the different states of the United States's and Europe's respective relationships with China.

In this episode of Current Account, Clay gives an explanation on the topic of sovereign debt. Mainly, he details the current landscape in the sovereign debt realm and how sovereign debt is handled, while providing an outlook as to what may happen in the future and what the direct implications may be.

In this episode of Current Account, Clay is joined by Jay Collins, Vice Chairman of Banking, Capital Markets and Advisory at Citigroup to recap the recent Spring Meetings Week of the IMF and World Bank. They touch on key topics and takeaways from the busy week in Washington, including Multilateral Development Bank (MDB) reform, the Common Framework for sovereign debt restructuring and potential ch...

In this episode of Current Account, Clay gives an overview of the current market volatility in the banking sector, including the failure of Silicon Valley Bank (SVB) and the sale of Credit Suisse. He explains recent developments and discusses what’s next, including U.S. Congressional hearings this week.

In this episode of Current Account, Clay covers the broad topic of Artificial Intelligence, better known as AI. The discussion includes defining AI and its common applications, what potential uses of AI may look like in the future, the risks and unknowns surrounding AI use and the current landscape in AI policy making and regulation.

In this episode of Current Account, Clay is joined by Mvemba Phezo Dizolele, Senior Fellow and Director of the Africa Program at the Center for Strategic and International Studies (CSIS). They discuss topics relating to the Nigerian Presidential Election that took place on February 25th, including the main candidates and their platforms, possible irregularities within the election process, what an...

In this episode of Current Account, Clay reflects upon his time testifying in front of the Senate Banking Committee. His testimony revolves around three topics: The sanctions imposed on Russia, what a similar sanctions regime may look like against China and lessons learned from the Committee on Foreign Investment in the United States (CFIUS) and what a "Reverse-CFIUS" may entail.

In this episode of Current Account, Clay analyzes the present state of Eastern Europe as a whole, including the subjects of the outstanding impact in the region of the Russia-Ukraine conflict, the unlikely optimism throughout Eastern and Central Europe and how the negotiations with the IMF may shape Ukraine's outlook.

In this episode of Current Account, Clay is joined by IIF's Chief Economist for the Middle East and North Africa Region, Garbis Iradian. The discussion hits on topics such as the current state of Egypt and its economy, details about the financial crisis in Lebanon and what the current outlook is for oil markets.

In this episode of Current Account, Clay is joined by IIF's Managing Director of Digital Finance, Jessica Renier, to discuss the topic of Central Bank Digitial Currencies (CBDCs). Topics include defining what a CBDC is, what the primary pros and cons are, the current state of development in Europe and where the US is in the process.

In this episode of Current Account, Clay looks deeper into the issue of the debt ceiling in the United States. The discussion revolves around analyzing what a 'debt ceiling' is, what are the normal measures used to combat it are and the lingering uncertainties are for the upcoming months.

This week, Clay takes a closer look at China, specifically what impacts the waning of the "Zero Covid" policy and other uncertain variables will have on the economy throughout the upcoming year.

This week, Clay is joined by IIF's Chief Economist and Managing Director of Economic Research, Robin Brooks, to help analyze the economic outlook for 2023 across the world, including impacts in China, the US and emerging markets.

This week, Clay analyzes what the newly-sworn in Congress may look to accomplish in the coming calendar year, including Crypto regulation and US-China relations.