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Powell plays down fears about record levels of corporate debt
Fed chair’s remarks strike similar chord to those of Ben Bernanke in 2007, but Powell says this time is different
Cyber crime is ‘present danger’ for financial system – BoE deputy
Sam Woods emphasises need for more widespread stress-testing of cyber security
Book notes: The third pillar, by Raghuram Rajan
Rajan sets out ambitious – but deliberately non-radical – manifesto for reform at local level
Quotes
It is possible to take out some of the [populist] anger. But you really do have to have a good executive response. We will have to see how that works out.
Raghuram Rajan, former governor, Reserve Bank of India
Maybe there were some attempts to influence us in the past, but over the last three years, we have made it clear that such interference is unacceptable.
Yakiv Smolii, governor, National Bank of Ukraine
China may do some things to reduce the trade imbalance with the US. But actually, the bilateral trade balance does not mean very much. We need to discuss the multilateral balance.
Zhou Xiaochuan, former governor, People’s Bank of China
Monetary base targeting is insufficient and unsustainable to tame inflation and stabilise the economy.
Martin Redrado, former governor, Central Bank of Argentina
Editor's choice
Quantitative easing: a never-ending story?
The Fed is cutting the size of its balance sheet, but is unlikely to reduce it to pre-crisis levels
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Education, education, education: designing a master’s in global central banking
Motivations and prospects for central bank digital currency
Finding our way to the new Ibors
Our Take
The Brexit conundrum
The euro: a troubled third decade?
Three tricks to remove a troublesome Eurosystem governor
Bank of Jamaica continues with monetary easing
BoE seeks to make financial stability more transparent – Brazier
BIS paper finds cross-border links between monetary and macro-pru policy
SBP hikes to 12.25% as inflationary risks grow
Israeli banks and households resilient to higher rates and unemployment
Open and closed economy central banks react differently to inflation – research