Read what central bankers believe on the global economy, climate change, fintech, economics, and CBDCs and digital money
Money rests on a promise: that its value will be preserved over time. This promise is upheld by the trust that citizens place in the institutions responsible for safeguarding it, says Christine Lagarde. Preserving that trust is the mission that unites central banks
Upholding independence in challenging times Read More »
As technology evolves, Sarah Breeden sets out the Bank of England’s vision for UK finance: a robust, multi-money retail payments system that promotes greater competition and innovation, and a multi-asset, multi-currency approach to tokenising the markets of the UK’s global financial centre
Modernising money and markets Read More »
Sam Woods reflects on the nature of banking supervision. Taking stock of how supervision has evolved in the UK and internationally, he considers what the role of a supervisor is and how it might evolve in future
The development of clinical supervision Read More »
Stablecoins are not an efficient way to strengthen the international role of the euro, says Christine Lagarde. The best solution to do so remains: deeper capital market integration through the savings and investment union and a stronger safe asset base
Stablecoins and the future of money: separating functions from instruments Read More »
Global efforts to tackle the climate and nature crises have not progressed as hoped, says Christine Lagarde. This sharpens the case for deeper analysis from the research and central banking communities to better understand the risks to price and financial stability
Climate, nature and monetary policy Read More »
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 »
