Top story

Summers calls on Fed and US Treasury to 'fully' coordinate debt management

Debt Management | 30 Sep 2014

Paper published today finds Treasury purchases of long-term bonds offset ‘about a third’ of QE benefits to US economy post-crisis; Fed governor dismisses controversial proposal

Topics: Federal Reserve, US Treasury, Sovereign debt

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Regulation

Bank rules and their impact on inequality

Banking regulation has a profound effect on levels of long-term financial inclusion around the world; US engaged in a failed ‘lottery ticket’ effort by the US to offer housing to the poor.

Central Banking Journal | 22 Sep 2014

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Governance

The viability of a commercial approach to central bank communication

Will the prevailing trend for central bank communications to mimic those of commercial entities and political parties stand the test of time?

Central Banking Journal | 16 Sep 2014

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Central Banks

The story of Central Banking

Founder Robert Pringle recalls how after a slow start Central Banking achieved lift-off

Central Banking Journal | 11 Aug 2014

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Governance

Choosing a suitable exchange rate suitable for price-takers

Flexible exchange rates can act as an asset price as well as a price for goods and services, so movements can distort the market for goods and services. Taxing capital inflows can address the matter

Central Banking Journal | 11 Aug 2014

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Financial Stability

Can central bankers live up to their role as the guardians of finance?

Central bankers need to be the risk managers of the financial system to help mitigate the fallout from future crises. Those that engaged in the latest bouts of QE have not made a good start

Central Banking Journal | 11 Aug 2014

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Central Banking books

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HSBC Reserve Management Trends 2014

By Robert Pringle and Nick Carver

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Directory of Financial Regulators 2014

By Martina Horáková and Amy Jordan

Latest journal

Central Banking

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CENTRAL BANKING VOL.XXV.1

The latest issue of the Central Banking journal is particularly special as it marks our 25th anniversary of publication. To celebrate this we have assembled an exceptional issue that is packed full of insight from top names in the central banking industry. We speak exclusively to central bank governors Raghuram Rajan, Agustín Carstens and Ravi Menon. In addition, the 25th anniversary issue features articles form Bank of England's Andrew Haldane, the governor of the Bank of Italy, Ignazio Visco, Harvard University's Richard Cooper, the head of the monetary and economic department at the Bank for International Settlements Claudio Borio, the Banque de France's Anne Le Lorier,the governor of Bangladesh Bank Artiur Rahman, and Benoît Couré of the European Central Bank. We also take a look at 25 of the most significant events to have shaped the official sector during the past 25 years.

Poll

Is forward guidance a viable long-term communications tool for central banks?