Read what central bankers believe on the global economy, climate change, fintech, economics, and CBDCs and digital money
The Federal Reserve should play a minimal, supportive role in payments infrastructure, letting the private sector take the lead, Christopher Waller argues
What roles should the private sector and the Federal Reserve play in payments? Read More »
The macro-financial environment is changing profoundly. Frank Elderson reflects on the first decade of European banking supervision and looks at the path ahead
The first decade of European supervision: taking stock and looking ahead Read More »
AI is being used for a wide and increasing range of applications in financial services. Sarah Breeden explores the novel features of Generative AI and how we can uphold financial stability whilst harnessing its potential benefits for economic growth
Engaging with the machine: AI and financial stability Read More »
Digitalisation has had and will continue to have a fundamental impact on the global economy. Cecilia Skingsley explains why central banks care about change and innovation and why that matters to us all
Change happens – and why central banks care Read More »
It is critical that bankers, policymakers and supervisors do not forget the lessons from the past. Erik Thedéen considers the Basel III framework, the cornerstone of the response to the GFC
Charting the course: prudential regulation and supervision for smooth sailing Read More »
Andrew Bailey discusses global financial stability, emphasising the importance of understanding financial theory and learning the lessons from history, highlighting the need for a macro-prudential approach
Today’s challenges in financial stability: the new and the not so new Read More »
Recent research suggests that the impact of climate change on economic output might have been underestimated. Senne Aerts, Livio Stracca and Agnieszka Trzcinska highlight advances in understanding and measuring the economic impact of climate change and the remaining uncertainties
Understanding the economic losses from climate change Read More »
Christopher Waller discusses the roles of centralized and decentralized finance, and whether they are substitutes or complementary to each other
Centralized and decentralized finance: substitutes or complements? Read More »
Quantum computers may have a profound impact on the financial system. Raphael Auer, Angela Dupont, Leonardo Gambacorta, Joon Suk Park, Koji Takahashi, and Andras Valko explore the transformative potential to the financial system
Quantum computing and the financial system: opportunities and risks Read More »
Lesetja Kganyago reflects on progress in modernising payments, and South Africa’s efforts to modernise the payments ecosystem and reduce reliance on cash
The future of payments in South Africa Read More »
