The benefits of openness beats fragmentation
Andrew Bailey describes the benefits of openness and the risks posed by fragmentation for the world economy and financial stability
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CENTRAL BANK VIEWS
Read what central bankers believe on the global economy, climate change, fintech, economics, and CBDCs and digital money
Money and payments: a ‘black ships’ moment?
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
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Some lessons for crisis management from recent bank failures
Agustín Carstens discusses the lessons from the bank failures that occurred in March 2023, and argues that robust and proactive supervision is essential
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Cyber risks and operational resilience: getting prepared
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
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The European economic outlook and policymaking
Laura Papi argues that seeing off inflation and pivoting to longer-term reforms have important implications for the trajectory of inflation, competitiveness, and growth in the future
The European economic outlook and policymaking Read More »
Responsible innovation in money and payments
Innovations in money and payments continue to be of primary importance. Michelle Bowman cautions against solutions that could disrupt and disintermediate the banking system
Responsible innovation in money and payments Read More »
Bank failures and improving the prudential framework
Sam Woods discusses the 2023 banking failures, the lessons learnt and how the regulatory framework is doing its job
Bank failures and improving the prudential framework Read More »
Monetary and financial stability in uncertain times
The recent macroeconomic experience has presented both monetary policy and financial stability challenges for central banks. Michelle Bowman discusses how central banks can these vulnerabilities
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Looking at the opportunities – on the way to a sustainable economy
Sabine Mauderer argues that reducing uncertainty about climate change will help us to embrace the opportunities of the green transition
Looking at the opportunities – on the way to a sustainable economy Read More »
Generative AI, productivity, the labour market, and choice behaviour
Lisa Cook discusses the benefits of generative AI, which can fuel economic growth, but also considers the potential disruptions
Generative AI, productivity, the labour market, and choice behaviour Read More »