Central Banking | 02 Apr 2015
The Bank of England’s revised MPC meeting schedule has some merits but will not add to transparency and raises the risk of news shocks, writes former member Charles Goodhart
Central Banking Journal | 16 Feb 2015
Quantitative easing by the ECB and the Bank of Japan brought market cheer. But, absent meaningful structural reform, is miring central banks deeper into an ever-more dangerous policy cycle.
Central Banking | 21 Jul 2014
It is vital that politically independent central banks should work within a political vacuum, rather than adjusting their monetary policy reasoning to avoid subsequent political controversy
Central Banking Journal | 12 May 2014
Sanusi Lamido Sanusi’s aggressive reform agenda and efforts to defy powerful vested interests in Nigeria have secured a positive legacy despite bringing politics to the central bank.
Central Banking | 18 Mar 2014
The Bank of England needs a structure that ensures the preeminence of professional central bankers rather than theoretical economists
Central Banking | 25 Feb 2014
Putative Icelandic government demands on the Landsbanki insolvency estate likely behind UK and Dutch lawsuits
Central Banking | 15 Jan 2014
Janet Yellen's confirmation is an historic shift toward a more activist Fed, a reinstatement of Keynesian economics and expanded government in general, writes Thomas Cargill
Central Banking | 09 Jan 2014
Comparing what the new Fed chief should do with what is likely
Central Banking | 20 Nov 2013
Mark Carney has achieved much more than meets the eye in his first five months as governor of the Bank of England
Central Banking Journal | 16 Nov 2013
Efforts in developing and emerging economies to promote financial inclusion for the world’s 2.5 billion unbanked population offer lessons to their developed world peers
Central Banking | 17 Sep 2013
The politicisation of the debate over who should be the next chair of the Federal Reserve may be a sign of the times, but it is a sad day for central banking, argues Thomas Cargill
Central Banking | 18 Jun 2013
The growing politicisation of central banking involves central bankers needing to make difficult judgement calls on the areas that lie outside of their competence
Central Banking | 09 Apr 2013
Former UK prime minister Margaret Thatcher feared an independent ECB ‘accountable to no one, least of all national parliaments'. Her concerns seem even more relevant today
Central Banking | 12 Mar 2013
The growing policy crisis caused by central banks taking on roles beyond price stability and lender of last resort is not down to 'independence' – as the BoJ case points out
Central Banking | 27 Feb 2013
Crisis responses are placing a heavy burden on many central banks. But there is no evidence showing that legally independent central banks have a better track record in monetary policy
Central Banking | 27 Nov 2012
Mark Carney's nomination as governor of the Bank of England will be viewed as punishment for the central bank’s staff failing to avert the financial crisis. But Carney also has many strong qualities
Central Banking Journal | 24 Aug 2012
The centrepiece of macroeconomic management, inflation targeting by central banks, remains virtually unchallenged despite the crisis of the past five years. This needs to change, argues John Gieve
Central Banking | 24 Jul 2012
British bank scandals have dramatically reduced the likelihood of a commercial banker taking over from Mervyn King as governor of the Bank of England. But there are still plenty of other candidates
Central Banking | 10 May 2012
François Hollande, the new president of France, takes up residence in the Elysée Palace at a time when significant economic adjustment is taking place in the eurozone, albeit at high cost. His victory looks set to add to pressure on central bankers – and not just those at the European Central Bank
Central Banking Journal | 22 Aug 2011
Central Banking | 11 May 2011
Attempts to rescind regional Fed presidents’ voting rights as members of the Federal Open Market Committee manifest an unfortunate trend in US monetary policy, Thomas F. Cargill believes.
Central Banking | 23 Mar 2011
A lack of consideration for price pressures signals that Fed officials continue to misconstrue the nature of central bank independence, Thomas Cargill writes
Central Banking | 01 Dec 2010
The governor of the Bank of England is well within his rights to press politicians on the need for fiscal retrenchment, Robert Pringle argues.
Central Banking | 28 Jun 2010
Navigating the transition to Britain’s new regulatory regime is fraught with cultural challenges, writes Michael Foot
Central Banking | 08 Feb 2010
The Central Bank of Argentina's conflict confronts the country with a Catch-22 situation from which the authorities cannot profit, argues Vladimir Werning, an economist at JP Morgan.
This report covers the specific technologies required for firms to improve their ORM processes.
This white paper looks at the Basel Committee's BCBS239 principles, also known as PERDARR (Principles for Effective Risk Data Aggregation and Risk Reporting), which comes into force from 1 January 2016.