Read what central bankers believe on the global economy, climate change, fintech, economics, and CBDCs and digital money
Christopher Waller emphasises the need for the Federal Reserve to modernise its operations to adapt to a changing world. This includes reducing costs, effectively managing risk, and delivering value to the American taxpayer
Modernizing Federal Reserve operations in the 21st century Read More »
Andrew Bailey argues that modern central bank independence is well-defined for monetary policy but incomplete, and highlights the challenges for a central bank’s financial stability mandate
Central Bank Independence – in need of further thinking Read More »
The US is planning a revision of rules on bank liquidity. Scott Bessent argues that the existing rules are ineffective and impede lending, and that the US is on the cusp of a fundamental reset in how its financial system is regulated
A reset on liquidity regulation Read More »
Capital requirements form the foundation of the regulatory framework. Michelle Bowman details her comprehensive review and what is next for bank capital requirements and Basel III
Capital rules for the real economy Read More »
A new phase of digital finance is taking shape, says Piero Cipollone. The ECB aims to achieve an integrated European market for digital assets, with safe central bank money as the backbone of the system
Preparing Europe for digital finance Read More »
Nature is the economy’s life support system, and it is under strain. Frank Elderson calls for stronger global cooperation to tackle nature related financial risks
Nature in decline, economy on the line Read More »
AI looks increasing likely to become what technologists call a general-purpose technology. Michael Barr discusses the rapid evolution of AI and the potential impact of generative AI on the labour market and the economy
What will AI mean for the labour market? Read More »
Europe must not take its monetary sovereignty for granted in a world undergoing geopolitical and technological changes, says Piero Cipollone. Reducing excessive dependencies in payments and finance is key for resilience, competitiveness and economic security
Europe and monetary sovereignty Read More »
Climate and transition shocks increasingly shape the macroeconomic outlook and financial risks. James Talbot sets out the Bank of England’s approach to assessing and managing climate impacts across its core objectives
Measure, model, tackle, tailor Read More »
The global economy has shown resilience despite heightened uncertainty, supply side shocks, and geopolitical risks, but downside risks remain significant. Andrew Bailey says that sustaining growth and financial stability will require innovation, openness, international cooperation, and strong global institutions
The current state of the world economy Read More »
