NY Fed research head calls for data innovation


More imagination and thought are needed in identifying and creating useful data for central banks to utilise in their operations, according to James McAndrews, the Federal Reserve Bank of New York's director of research.

McAndrews, speaking at a conference in New York, said that data innovation is one of two main challenges central bankers face when looking to use data effectively, the other being data stewardship.

"With data innovation, the big challenge is to use our imagination and to think

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account