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Current Account with Clay Lowery

Institute of International Finance
China
Taiwan
United States
Emerging Markets
Global Debt
Kuomintang
Democratic Progressive Party
Sovereign Debt Sustainability Act
Spring Meetings Week
Donald Trump
Ukraine
Russia
Council On Foreign Relations
Government Deficits
Sovereign Debt
Geopolitics
Japan
Silicon Valley Bank
Israel
Hamas

Each week, Clay Lowery at the Institute of International Finance highlights current issues in international finance and economics through the lens of U.S. policy and politics. Clay and his guests explain what to watch in the coming week, and deep-dive into some of the most important topics facing the financial industry, and our world.

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Latest Episodes

In this episode of Current Account, Clay previews a variety of themes and topics poised to be the center of many discussions during the upcoming 2025 IIF Annual Membership Meeting and IMF/World Bank Annual Meetings.

Clay breaks down the major theme... more

In this episode of Current Account, Clay is joined by Ziad Haider, Partner and Global Director of Geopolitics, Singapore, McKinsey & Co., to discuss one of the most important topics in the financial services industry: Geopolitics.

Clay and Ziad beg... more

In this episode of Current Account, Clay is joined by IIF's Managing Director and Chief Economist, Marcello Estevão, to give an update on the Federal Reserve and discuss its recent decision to make a 25-basis point rate cut. Clay and Marcello begin b... more

In this episode of Current Account, Clay is joined by IIF's Andrés Portilla, Managing Director of Regulatory Affairs, and Katie Rismanchi, Deputy Director of Regulatory Affairs, to talk about banking supervision - namely developments and recent trend... more

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Recent Guests

Ziad Haidar
Partner and Global Director of Geopolitics at McKinsey
McKinsey
Episode: Episode 120 – One Ring (Fence) to Rule Them All - A Discussion on Geopolitical and Geoeconomic Risk
Andrés Portilla
Managing Director at IIF
Institute of International Finance
Episode: Episode 118 – It's a bird! It's a plane! No, it's Supervision! - Talking Recent Developments in Banking Supervision
Katie Rismanchi
Deputy Director at IIF
Institute of International Finance
Episode: Episode 118 – It's a bird! It's a plane! No, it's Supervision! - Talking Recent Developments in Banking Supervision
Scott Lee
Deputy Director and Senior Council of Digital Finance
Institute of International Finance
Episode: Episode 117 – What Do Onions, Movie Tickets and Stablecoins Have in Common? - A Discussion on Digital Asset Legislation and Regulation
Don Kohn
Robert Roosa Chair in International Economics and a Senior Fellow at the Brookings Institution, former Vice Chairman of the Federal Reserve
Brookings Institution
Episode: Episode 116 – This One Goes Up to 11 - Pressure on the Federal Reserve
Mark Sobel
Senior Advisor at the Center for Strategic and International Studies and former U.S. Treasury official
Center for Strategic and International Studies
Episode: Episode 114 – The Dollar: It Really is All About the Benjamins
Josh Lipsky
Senior Director of the Atlantic Council's Geoeconomic Center
Atlantic Council
Episode: Episode 114 – The Dollar: It Really is All About the Benjamins
Conan French
Director of Digital Finance at the IIF
Institute of International Finance
Episode: Episode 112 – Payments - I Have a Need for Speed (Oh... and Security and Efficiency)
Carsten Brzeski
Global Head of Macroeconomics at ING Research
ING Research
Episode: Episode 111 – The German Economy - A Fiscal U-Turn to Growth and Competitiveness?

Host

Clay Lowery
Host of Current Account and Executive Vice President at the Institute of International Finance, Clay Lowery engages in discussions around current issues in international finance and U.S. economic policy.

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Talking Points

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Episode 120 – One Ring (Fence) to Rule Them All - A Discussion on Geopolitical and Geoeconomic Risk
Q: What are practical steps that companies can take to either build up resilience or to mitigate these risks?
Ziad suggests that companies should establish dedicated geopolitics units and develop a more structured approach to oversight and scenario planning.
Episode 120 – One Ring (Fence) to Rule Them All - A Discussion on Geopolitical and Geoeconomic Risk
Q: How has the role of geopolitics evolved within the financial services firms compared to just a few years ago?
Ziad noted that financial services firms are now grappling with hard geopolitics and the implications of major geopolitical events.
Episode 118 – It's a bird! It's a plane! No, it's Supervision! - Talking Recent Developments in Banking Supervision
Q: What are some of the main concerns that were highlighted by financial sector players regarding the current supervisory approach?
There are several significant challenges, including the unchecked use of supervisory discretion and inefficiencies within the supervisory process.
Episode 114 – The Dollar: It Really is All About the Benjamins
Q: How are stable coins affecting the value of the dollar?
Stable coins, while they might create some demand for treasuries, won't significantly impact the larger global treasury markets in the near term.
Episode 114 – The Dollar: It Really is All About the Benjamins
Q: Do you believe the dollar's decline matters, given that equity markets have held up well?
Dollar dominance is not an end, but relies on the US economic system; diminishing dollar strength could make the country less prosperous in the long run.

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Frequently Asked Questions About Current Account

What is Current Account about and what kind of topics does it cover?

Focusing on the intersections of international finance and U.S. policy, discussions frequently explore key topics such as trade tariffs, economic policies, and regulatory changes that impact financial markets. Insights from various experts provide depth on significant global economic developments, including the evolving landscape of payments, the state of major economies like Germany and China, and the implications of U.S. actions on international relations. Noteworthy is the inclusion of diverse perspectives on both the challenges and opportunities presented by these dynamics, making it a valuable resource for professionals in finance, policy-making, and global trade who seek to stay informed about critical economic trends and their conseq... more

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1. At Any Rate
2. The Economics Show
3. Unhedged
4. The Rachman Review
5. FT News Briefing

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Current Account launched 4 years ago and published 122 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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What guests have appeared on Current Account?

Recent guests on Current Account include:

1. Ziad Haidar
2. Andrés Portilla
3. Katie Rismanchi
4. Scott Lee
5. Don Kohn
6. Mark Sobel
7. Josh Lipsky
8. Conan French

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