Covid-19 has set back progress on hard-won reforms
Sweden is the only nation to have implemented negative rates and then returned them to ‘normal’ territory. What can central bankers learn from the Swedish experience?
Finnish governor speaks about the ECB’s strategy review, climate change and lessons from the eurozone crisis
Róbert Rékási speaks to Central Banking about how Covid-19 has changed gold investment trends
Central banks should start tackling the accounting, legal and policy challenges related to CBDC
An important book, predicting that powerful demographic forces will upend conventional thinking
The price of gold has skyrocketed this year, but central banks have not flocked to invest as they have done in the past, write Rachael King and Victor Mendez‑Barreira.
Reserve managers share their views on future gold holdings, target allocations, purchasing and storage approaches, the use of ETFs, and the impact of Covid-19, in the results of a new joint Central Banking-Invesco survey. By Nick Carver and Robert Pringle
Key survey data and comments reinforce the main findings in Invesco’s central bank reserve management white paper on the revival of gold as a reserve asset.
In a year of exceptional circumstances – especially true for gold, which, in August, saw an all-time high price – Invesco explores how pandemic-driven uncertainty has returned the precious metal to the spotlight of the global monetary system.
When it works and when it doesn’t; every chapter is thorough, informative and persuasive
The National Bank of Georgia governor speaks about efforts to improve monetary policy, financial infrastructure, financial literacy, transparency and ESG
The ECB’s DG of economics explains how expectations, communication, fiscal dominance, climate change and the Fed’s actions will be factored into the ECB’s delayed strategy review
View the trophy presentations and acceptance comments from all the winners
The incompatible theories of money: Ingham reveals the fundamental clash of ideas
Former Fed staff offer mixed reactions to AIT; most call for more refined communication
Environmental degradation raises fundamental questions about how central banks think about risk
Mixed messages from Christine Lagarde were followed by sharp divergence among board members
A definitive contribution to the political economy of central banking in emerging economies, but author does not acknowledge the challenges moving forward
The DNB president talks about unconventional policy, inflation target ‘bands’ and ‘circuit-breaking’
Tested by the Covid-19 pandemic, market consensus is that official institutions have been instrumental in mitigating market disruption. As economies work out how to adapt to a post-lockdown world, major public bodies are likely to play a key role in the…
Bulgaria and Croatia expect net positive effect as they move to join euro, while others remain reluctant