Donald Kohn
Rethinking the CCyB
As central banks rush to replenish bank capital reserves, the countercyclical buffer may need some fine-tuning

Ukraine: the challenges for central banks
Rules on the weaponisation of money would help to protect a ‘public good’ amid geopolitical splits in a testing environment for central banks, write Gavin Bingham, Paul Fisher and Andrew Large

Digital money and central banks
Monetary policy, regulatory and financial stability focus needed to stay relevant

The ‘golden age’ of central banking has passed
Central banks face multi-faceted challenges and weakened autonomy amid highly polarised inflation expectations
Carolyn Wilkins joins BoE’s financial policy committee
Former Bank of Canada deputy governor will replace Donald Kohn on FPC
The Covid crisis, central banks and the future
Crisis responses were needed, but have exacerbated significant underlying challenges facing central banks
Former officials say Fed should impose tighter regime
Donald Kohn and Jeremy Stein warn of risks and say Fed should stop US banks paying dividends
Is credit policy the new normal for the Fed?
Three former senior Fed officials look back on an unprecedented month of policy action
Stress tests should be ‘two-stage’- Donald Kohn
Results for first test could be used to model second scenario, says senior BoE official
The future of balance sheet policies
What tactics will central banks deploy?
Don Kohn offers advice on macro-pru under uncertainty
BoE looks at wide range of indicators but could still do more, FPC member says
Interview: Sheila Bair on US regulatory reform and rollback since 2008
Crisis-era FDIC chair “saddened” by former Fed chairs’ focus on bailout powers
NY Fed’s Williams advocates change to inflation-targeting framework
But Don Kohn prefers to keep status quo with some supplementary policies
BoE revamps expenses rules after criticism from MPs
MP says some officials’ expenses claims are “staggeringly high”
‘Hyman Minsky was right’ – Don Kohn
Macro-prudential policy needs to be well communicated, says Bank of England policy-maker
Don Kohn extols virtues of co-operation across policy domains
Close working relationship can bring significant benefits, FPC member says
Book notes: Fed Up, by Danielle diMartino Booth
A “fascinating but annoying” account by US Fed insider who openly criticises culture of US central bank
Tackling the ‘human agency’ problem
Central banks are readying themselves to face down assault by populists
Kohn worried about weight of expectations on Federal Reserve
US not as well placed as UK to tackle another crisis, says former Fed vice-chair
Former Fed vice-chair Kohn on populism, top central bankers
Donald Kohn speaks about why he has few policy regrets
The winners of the 2017 Central Banking Awards
BoE, Valdovinos, Kohn and 15 other award recipients named
Don Kohn: ‘Rancorous’ political climate enhances need for ‘non-partisan expertise’
Lifetime achievement winner says central banks face major challenge to improve standing and performance
Lifetime achievement award: Donald Kohn
His career epitomises that of a dedicated public servant, and serves as an inspiration to others
Kohn encourages Chinese efforts on financial stability
FPC member welcomes Chinese work on a framework for macro-prudential regulation