Bank of England (BoE)
Carney and Draghi to tackle Brexit risks in new group
EU and UK authorities ask central bankers to manage risks to financial services
Bank of England unveils new education initiative
The “econoME” programme seeks to bring basic economics into UK classrooms
BoE profits exceed target, but pay squeeze continues
Senior staff to receive below-inflation pay rises, though income and costs both “favourable”
BoE’s Brazier says investment risks are hidden in “plain sight”
Investors are ignoring “moonwalking bears” and are taking on risks for less compensation as they struggle to obtain higher returns
BoE faces ‘uncomfortable’ approach to May meeting – Forbes
Former MPC member says pre-announcing a rate rise “could be quite dangerous”, as Mark Carney appears to row back from signalling a hike
BoE paper investigates uncertainty around elections
Elections help to isolate macroeconomic and financial uncertainty, author argues
BoE’s Brazier: credit risks ‘stirring’ beneath calm surface
Riskier forms of mortgage debt are on the rise, executive director says
Norges Bank launches research blog
New platform aims to encourage discussions on central bank’s research
BoE paper hunts for shifts in forecast accuracy
Authors outline new method of detecting when forecasts break down
BoE to provide ‘tailored’ assistance to African counterparts
UK central bank to share expertise with counterparts in South Africa, Sierra Leone and Ghana, as part of wider initiative to support African economies
UK wage growth outstrips inflation
Lower unemployment and above-target inflation reinforce May hike probability
BoE should not merge monetary policy and macro-pru - Broadbent
Merging key committees could undermine accountability, says deputy governor
Central banks should personalise communications – BoE’s Haldane
Explaining how monetary policy affects the lives of everyday people could help bridge trust gap, the BoE’s chief economist says; calls for monetary policy ‘scorecards’
Major central banks call for concerted action on climate change
“Transition risks” are the most challenging for financial institutions, Carney says
BoE goes granular with data experiment
UK central bank announces successful data proof of concept looking to store, organise and combine data based on the XBRL standard
BoE: UK-based financial firms will face same regulations during transition period
“Back-stop” will be available if withdrawal agreement is not ratified - BoE
BoE outlines DLT proof of concept
Participants will access cloud-based platform which will simulate new RTGS system
‘Interventions’ are needed for gender balance, says BoE COO
Offering women opportunities is not enough, says Joanna Place; women need to feel confident enough that they “can and will” take positions
Book notes: Respectable banking, by Anthony Hotson
The author’s sensible goal of “respectable banking” is admirable, but the recommendations would not all help to achieve this
BoE on track for May rate hike
MPC votes 7-2 in favour of maintaining rates at 0.5% but leaves the door open for two potential rate hikes in 2018
BoE and FCA to lead new ‘crypto-assets task force’
Regulators will manage the risks around crypto assets as well as “harnessing the benefits” of blockchain; robo-compliance on cards
BoE’s FPC sees risks lurking in global debt markets
Committee highlights “material” global vulnerabilities, particularly in debt markets
BoE changes stress test framework but keeps scenario the same
Stress tests will attempt to gauge impact of IFRS 9
UK considers scrapping some currency denominations
Decline in cash usage has seen the 1p and 2p coins largely fall out of circulation