Knot also argues for expansionary fiscal policy and symmetrical inflation target
Paper finds emerging economies most strongly affected by growth in foreign-funded credit
Immaturity of bond market makes it harder for central banks to tackle climate risk, panellists say
Today, 63% of funding ratios are below the statutory minimum
Proprietary trading in securities is linked to decreased loan supply, researchers say
Klaas Knot says evidence points to need for aligning monetary and fiscal policy
Visco rejects idea of putting names to votes as eurozone governors differ on inflation policy
Restrictions on entry increased systemic risk before financial crisis, researchers say
Loan-level data from Netherlands shows insurance cuts risk of non-performance, say researchers
Eurozone's payments, instant payments and securities settlement systems will merge by end of 2021
Comments come after criticism from German and Dutch central bank governors
Klaas Knot says rate cut and QE is “disproportionate to present economic conditions”
But Draghi’s ambitious stimulus package faces growing opposition from governors in surplus countries
New powers result from the implementation of an EU directive tackling anti-money laundering
Researchers analyse data on household spending and consumer confidence
Higher demand for safe assets widens sovereign bond spreads- paper
In 2018, 37% of purchases were paid for in cash, down from 41% in 2017
Following Mark Carney’s “breaking the tragedy of the horizon” speech in 2015, it became apparent central banks and regulators needed to sit up and take responsibility for risks emerging as a result of climate change.
Veteran governor speaks about country’s shift to market economy, the euro, mandate-drift and independence
Climate change is becoming increasingly important to central banks thanks to its implications for financial stability. In a forum sponsored by Amundi, Central Banking convened a panel of experts to discuss the latest innovations, regulations and…
The Network for Greening the Financial System aims to bring about fundamental change. The central bankers who created it made a strong start but face serious challenges.
As climate-related risks to the financial sector become increasingly understood, central banks are demonstrating their willingness to develop capabilities to analyse the impact and modify their policies. A new survey indicates a watershed for central…
Ulrich Volz explores why strong leadership is required from central banks and supervisors to ensure the financial sector will be in a position to weather climate risks.
Other regulations might impact the effectiveness of LTV limits, the authors say