Europe
Trump’s tariffs aren’t hurting eurozone yet, says ECB
Economists warn of danger to US in escalating trade war
The IFF China Report 2019: Financial deepening, fintech development and green financing
The past 40 years have seen China transform from a recipient of global aid to a major economic centre in its own right. China is now seeking to deepen its markets, gradually open its borders to global financial flows, and promote new and innovative forms…
Eurozone needs central stabilisation fund to secure fiscal stability – ECB research
Unlike other monetary unions, the region’s federal budget plays a very limited role
Higher EU corporate bond spreads in 2018 unrelated to ECB policy – research
Global trade disputes played a bigger role than the end of the European asset purchase programme
Europe needs supervisory standards for climate risks – Lautenschläger
ECB official says standards should be worked out rapidly in modular form
Bundesbank official calls for pan-European mobile payments champion
Board member hopes Europe can compete with US and China in fintech
The IFF China Report 2019: The Belt and Road Initiative
Over the past five years, China has invested more than $70 billion in Belt and Road Initiative (BRI) countries, of which there are now in excess of 100. Leading Chinese and international policy-makers explain how BRI efforts are progressing. This section…
The Belt and Road Initiative 2019 Survey – A new driver for globalisation?
The second Belt and Road Initiative (BRI) Survey of 28 central banks reveals that they view the BRI as a major driver of globalisation, with a high percentage of respondents expecting the initiative to provide a significant boost to GDP. So far,…
Promotion chances crucial to boosting gender balance at central banks – ECB
European Central Bank assesses success of diversity policies in addressing gender gap
ECB starts publishing senior officials’ declarations of interest
Mario Draghi is one of the senior officials to hold over €100,000 in a bank directly supervised by ECB
ECB and Banque de France to contribute to Notre-Dame repair fund
Central banks join outpouring of support after blaze at Parisian landmark
Draghi expresses concern over Fed independence
ECB governor says he is “especially” worried by events in US
The IFF China Report 2019: Redesigning the international trading and monetary system
Reform of the financial system that brought about the 2007–08 financial crisis has not gone far enough and advanced and emerging market economies must find a more co-operative way forward to ensure globalisation can continue.
The turmoil test for emerging and advanced economies
Greater integration between advanced and emerging market economies during globalisation has made both more susceptible to risk of spillover – financial contagion and volatility. As the US continues to normalise its monetary policy, deputy governor of…
Google data can underpin eurozone GDP nowcasts – Banque de France paper
Researchers say method is particularly useful when official data is unavailable
Draghi gives downbeat assessment of eurozone prospects
ECB stands ready to use “all instruments” to meet inflation target, Draghi says
ECB nominates Yves Mersch to supervisory board
Lautenschläger gains new responsibilities on governing council
ESRB sets out first steps towards common macro-prudential stance
Problems exist with turning conceptual framework into operational tool, report concedes
Risk management worsened in 2018 at large EU banks – ECB
Supervisory review of EU banks shows fall in quality of governance, but no rise in funding risks
Irish central bank warns no-deal Brexit would harm growth
Central bank expects strong Irish growth if ‘disorderly Brexit’ is avoided, but inflation is still weak
Euro’s ‘heft’ has been underappreciated – BIS’s Borio
Several roles of the euro as an international currency are underappreciated, says Borio
The IFF China Report 2019: New globalisation – The path to the future
Multilateral rules and multilateral bodies will need to be upgraded in the coming years to better represent the shift in economic gravity towards Asia, which has emerged as the largest contributor to global growth during the past decade.
ESRB publishes scenario for CCP stress tests
Esma announces UK-based CCPs will still be covered in event of “no-deal Brexit” on April 12
Uncertainty demands pragmatic approach, French governor says
Villeroy de Galhau warns central bankers to avoid creating “additional doubts”