Central banks have engaged in large-scale asset purchase programmes, significantly increasing the size of their balance sheets. Stephen Cecchetti and Jens Hilscher consider the implications
Fiscal consequences of central bank losses Read More »
In their fight against inflation, central banks have raised interest rates. Paul De Grauwe and Yuemei Ji examine the new operating procedures of the Bank of England and the subsidies to the banking sector
The new operating procedures of the Bank of England: a bonanza for the banks Read More »
The factors which facilitated low average inflation for decades have started to reverse. Hassan Afrouzi, Marina Halac, Kenneth Rogoff and Pierre Yared argue that the growing tensions between central banks and politicians will have negative consequences for economic activity
Changing central bank pressures and inflation Read More »
Andrew Bailey gives an overview on the state of the banking sector, focusing on the future issues that are important for banks themselves and for broader monetary and financial stability
Banking today in the United Kingdom Read More »
Francesco Papadia says regaining price stability is difficult but doable, but the bigger problem facing central banks is economic uncertainty, not managing the trilemma
Economic uncertainty creating difficulty for central banks Read More »
Willem Buiter, Stephen Cecchetti, Kathryn Dominguez and Antonio Sánchez Serrano summarise central bank policy frameworks used when stabilising financial markets
Lending and market making as a last resort Read More »
