Monetary policy is too important to rely on trial and error. Klaas Knot argues that central banks need data and research to fulfil their mandate, so that they can do the best possible job
Challenges for monetary policy that make us think Read More »
The digital transformation will continue. Joachim Nagel discusses productivity, competition and stable money in the digital age
Digital transformation – is it time for a prosperity update? Read More »
Luis de Guindos provides an overview of the euro area economy, and argues that it is vital to reform the EU’s economic governance framework in order to anchor expectations and support fiscal discipline
Outlook for the euro area economy and financial stability Read More »
Andrew Bailey describes the benefits of openness and the risks posed by fragmentation for the world economy and financial stability
The benefits of openness beats fragmentation Read More »
Age Bakker and Roel Beetsma provide concrete suggestions for the financial design and enforcement of an EU-wide investment fund
EU-wide investment conditional on adherence to fiscal-structural plans Read More »
Renee Bowen, Lawrence Broz and Peter Rosendorff explore the major transitions in US trade policy since the Civil War, and demonstrate that shocks like the Civil War and the Great Depression pave the way for trade policy transitions
A theory of US trade policy transitions Read More »
The use of artificial intelligence is accelerating. Jon Danielsson argues that although AI will bring considerable benefits, it also raises new challenges and can even destabilise the financial system
Artificial intelligence and financial stability Read More »
Jon Cunliffe recalls Facebook’s announcement in 2019 that it was launching a digital currency, and discusses the three areas where this galvanised more urgent action by authorities
Money and payments: a ‘black ships’ moment? Read More »
Agustín Carstens discusses the lessons from the bank failures that occurred in March 2023, and argues that robust and proactive supervision is essential
Some lessons for crisis management from recent bank failures Read More »
Elisabeth Stheeman discusses how the threat of cyber-attacks has become an increasingly important consideration for maintaining financial stability in the UK, describing how the FPC is working to improve the financial system’s resilience to cyber risks
Cyber risks and operational resilience: getting prepared Read More »
