Data
Angola improves data transparency with new hub
Statistics deemed “critical” by the International Monetary Fund will be published in one place
Fed to expand market data collection efforts
The scope and availability of data must keep up with evolving markets, Lael Brainard says
Bank of England to overhaul consumer interest rate statistics
Changes are designed to ensure the statistics reflect consumers’ experiences “as closely as possible”
PRA using AI to understand connectivity of rulebook
UK regulator is using Google search engine algorithm to see if rulebook can be streamlined
US unemployment remains at lowest level since 1969
Hourly wage growth is at highest rate since 2009, but year-on-year inflation falls to 2%
BoE paper proposes nowcast method for GDP revisions
Dynamic factor model reveals information on how early estimates may be revised, authors say
IMF cuts global growth forecasts
Likelihood of further negative shocks has risen, warns Maurice Obstfeld
Technology shocks unbalance job market – paper
A technology shock that permanently raises productivity leads to unemployment, authors say
MAS fintech officer tells regulators to upgrade to cloud
Data centres are no longer equipped to handle the “uncontrollable” growth of data, Mohanty says
IMF paper builds corruption indicator using big data
Corruption shocks negatively impact long-term real outcomes, authors say
Bank of Mauritius lowers inflation forecast
Adverse shocks to food prices are subsiding, central bank says
Imperfect algorithms impact market pricing – Fed paper
News-parsing algorithms create temporary distortions and may cut liquidity, paper finds
RBA trims inflation projections on low wage growth
Weaker outlook leads RBA to cut CPI forecasts to 1.75% in December 2018 from 2.25%
Big data in central banks focus report 2018
The third Central Banking big data focus report delves further into recent trends as central banks grapple with the question of upgrading their approaches to data
Data handling – A rethink
Official institutions are maturing as big data users but there is plenty more work to be done.
Barbados hands GDP baton to statistical agency
Central bank will abide by international best practice and use statistical service estimates
Sponsored forum: Putting big data into action
Central Banking convened a panel of experts to discuss how central banks and other supervisors can maximise the potential of data, while overcoming hurdles to its collection and deployment
Putting big data into action
Big data is changing the way central banks think about the economy and oversee the financial system. In a forum sponsored by BearingPoint, Central Banking convened a panel of experts to discuss the innovative ways central banks are making use of big data.
Turning data challenges into opportunities
With central banks becoming increasingly reliant on data, BearingPoint elaborates on the increasing role of innovative regulatory and supervisory technology in supervision.
Big data in central banks: 2018 survey results
As work in big data enters the mainstream for central banks, its policymaking and supervisory influence is expanding, prompting significant investment in new technologies.
Suptech: More than just a new name for solving an old problem
The global financial crisis sparked a far-ranging overhaul of the international architecture for financial regulation, coupled with a deep reflection around the fitness-for-purpose and effectiveness of supervisory efforts, writes Anne Leslie-Bini.
BoE paper uses millions of job adverts to understand labour market
Researchers analysed 15 million adverts over eight years to categorise jobs
Capitalising on regtech
Regulatory technology could prove effective in improving data reporting and supervisory monitoring, but central banks have a long way to go to making this a reality, writes Joel Clark.
US dollar credit to emerging markets growing faster, reveals BIS data
Growth in dollar-denominated debts up 9%, with growth in debt securities even faster