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
Central banks should not overlook income distribution effects, researchers say
The time for talking is over, say NGFS members
Mark Carney unveils UK central bank’s move at NGFS event in Paris
Data gaps make it harder for central banks to set appropriate climate stress tests, he says
Model has helped streamline operations in countries where cash usage is on the decline
Managers of Dutch central bank funds must use environmental, social and governance criteria
Discussion weighs up whether central banks should take more drastic action
“Systematic overvaluation” of Dutch housing is limiting effectiveness of macro-pru policy – DNB
Single-use banknotes with QR codes could be the future of cash, DNB cash head says
What is the role of central banks when it comes to climate change risks?
But regulations should change to make crypto asset financing easier for small firms – DNB