Data news and analysis articles - Central Banking

Data

Measuring Venezuela’s hyperinflation

Steve Hanke discusses how economists can make use of high-frequency exchange rate data to track rapid price movements in Venezuela

02 Mar 2018

Data

Solving the owner-occupied housing puzzle

A group of researchers has outlined what they see as a better method of integrating owner-occupied housing into the CPI, as the EU’s statistical agency wrestles with the problem

27 Feb 2018

Data

UK figures reveal 1.47 million people out of work

While the employment rate has continued to rise, the rate of unemployment has increased by the sharpest level in almost five years

21 Feb 2018

Data

UK inflation refuses to budge from 3%

Despite a decline in oil price pressure, UK inflation remains above target; latest figures increase the likelihood of the Bank of England raising rates in May

13 Feb 2018

Data

Inflation falls in the euro area despite stronger growth

Annual price increases expected to fall to 1.3% in January, Eurostat says

31 Jan 2018

Data

Rebased ‘Maddison’ data reshapes economic history

New approach to measuring GDP per capita generates fresh insights from the long-run growth database

25 Jan 2018

Data

Big data can give valuable labour market signal – Fed paper

High-frequency private payroll data is useful in forecasting the labour market, researchers find

18 Jan 2018

Data

Higher inflation in Norway supports tighter outlook

Norges Bank brings forward its first planned rate hike to late 2018

11 Jan 2018

Data

BoE paper lays out ‘financial conditions index’ for UK

Index proves valuable as a summary measure and also as an input to forecasting

11 Dec 2017

Data

FCA mulls use of AI to tackle money laundering

Crime unit head says the financial regulator views machine learning as a complement to human judgement, not a replacement

08 Dec 2017

Data

Big data in central banks focus report 2017

The second Central Banking Journal focus report on big data expands on the original study from 2016, assessing how challenges have evolved in the past year.

13 Nov 2017

Data

The rapid evolution of data

As big data enters the mainstream, it is critical to understand how it can transform our thinking, but also to be realistic about its shortcomings and biases

13 Nov 2017

Data

NY Fed paper estimates US contagion risks

Authors design a network model incorporating non-banks to estimate how the risk of a “default cascade” has changed over time

08 Nov 2017

Data

Per Nymand-Andersen, adviser to senior management at the European Central Bank, discusses how central banks can benefit from embracing big data and what this could mean for the industry in the near future.

07 Nov 2017

Data

Big data in central banks: 2017 survey

As an active area for new projects, big data is becoming a fixture in policymaking, with an increasing number of central banks carving out a budget for data handling, writes Emma Glass.

06 Nov 2017

Data

Collaboration is key to central banks making the most of data

As data becomes increasingly significant for central banks, working with the right people and employing the right approaches is central to meeting objectives, says Maciej Piechocki of BearingPoint.

06 Nov 2017

Data

European firms’ net debt cramped investment, Bank of Italy paper finds

Paper looks at eurozone and UK firms from 2006 to 2012

03 Nov 2017

Data

Tapping into big data’s potential

Central Banking convened a panel of experts to discuss how central banks can harness big data for their needs, hopefully without falling foul of some of the many pitfalls that await.

03 Nov 2017

Data

Zimbabwe back in hyperinflation, say Hanke and Bostrom

The economists estimate that Zimbabwe’s monthly inflation rate is now above 100%

27 Oct 2017

Data

Teaching machines to do monetary policy

Machine learning may not yet be at the stage where central bankers are being replaced with robots, but the field is bringing powerful tools to bear on big economic questions