Financial Stability Credit rating agency failures continue despite EU reforms, paper finds Bond issuers are still “shopping” for good ratings, ECB paper says 16 May 2024   |  Research

Financial Stability Fed paper looks at US opioids crisis Banks are causing credit contraction in worst-affected communities, researchers say 14 May 2024   |  News

Economics QE helped smooth sovereign bond yields, ECB paper finds Eurosystem’s asset purchases helped reduce effect of “auction cycle”, researcher says 14 May 2024   |  Research

Economics Neutral interest rate likely to rise, paper finds Several factors are pushing rate upwards, Bank of Canada researchers say 13 May 2024   |  Research

Financial Stability Uneven US innovation could increase inequality – research St Louis Fed economist documents rising patent concentration by area 09 May 2024   |  Research

Financial market infrastructure Fed releases guidance on third-party services Fed board warns of possible operational, compliance, financial and strategic risks 09 May 2024   |  Official Record

Financial Stability Banxico paper probes forced labour’s lingering effects in Ecuador High forced labour involvement is associated with decreased descendants’ income 07 May 2024   |  Research

Financial Stability Danish central bank warns over interest-only mortgages Amortisation requirements for “riskiest loans” may reduce housing volatility, report says 03 May 2024   |  News

Monetary Policy Neutral interest rates at pre-pandemic levels, Bank of Canada finds Nominal neutral interest rates in both countries sit between 2.25% and 3.25% 03 May 2024   |  Research

Economics Oil shocks can be identified in real time, paper says Bank of Italy researchers’ model identifies demand and supply shocks from daily data 02 May 2024   |  Research