Central Banking Journal
What next for the BoJ’s unprecedented ETF experiment?
Exiting the policy may prove extremely challenging, says Sayuri Shirai
Demetriades on political pressures on central banks and their governors
Former governor speaks on Cypriot banking crisis and his fears for euro stability
Book notes: The other half of macroeconomics, by Richard Koo
Richard Koo’s latest book updates his work on balance sheet recessions
Juan José Echavarría on Colombia’s path to sounder monetary and economic policy
Colombian governor talks about policy efforts to promote stability, importance of independence and implications of Venezuelan economic collapse
The Bank of England’s missing records
The bank’s official historian highlights archiving failures and damage they cause
Book notes: Capitalism without capital, by Jonathan Haskel and Stian Westlake
The authors have created a compelling framework to characterise and explain the nature of intangible investments in our economies, writes Michael Reddell, but their conclusions are lacking in analysis and data
Book notes: Digital human, by Chris Skinner
Skinner provides valuable insight into challenges banks face as technology continues to permeate further into financial industry
The battle for cyber resilience
Are global central banks ready to change their approach to cyber security and refocus on contingency planning?
James Bullard on 2% rates, tariffs and Fed leadership
St Louis Fed chief on fintech disruption, Fed balance sheet and agent-based modelling
The perilous road to normality
Many central banks are starting to tighten policy, but their room for error is limited
Big data in central banks focus report 2018
The third Central Banking big data focus report delves further into recent trends as central banks grapple with the question of upgrading their approaches to data
Data handling – A rethink
Official institutions are maturing as big data users but there is plenty more work to be done.
Putting big data into action
Big data is changing the way central banks think about the economy and oversee the financial system. In a forum sponsored by BearingPoint, Central Banking convened a panel of experts to discuss the innovative ways central banks are making use of big data.
Book notes: Till Time’s Last Sand, by David Kynaston
Kynaston allows readers to develop their own understanding of the BoE’s place within an evolving UK
Turning data challenges into opportunities
With central banks becoming increasingly reliant on data, BearingPoint elaborates on the increasing role of innovative regulatory and supervisory technology in supervision.
Big data in central banks: 2018 survey results
As work in big data enters the mainstream for central banks, its policymaking and supervisory influence is expanding, prompting significant investment in new technologies.
Suptech: More than just a new name for solving an old problem
The global financial crisis sparked a far-ranging overhaul of the international architecture for financial regulation, coupled with a deep reflection around the fitness-for-purpose and effectiveness of supervisory efforts, writes Anne Leslie-Bini.
Switzerland’s Jordan on extraordinary monetary policy and sovereign money
SNB governor speaks about currency intervention, negative rates and reserves diversification
Capitalising on regtech
Regulatory technology could prove effective in improving data reporting and supervisory monitoring, but central banks have a long way to go to making this a reality, writes Joel Clark.
A real-time payments revolution in Asia
Asian central banks back instant payments to defend policy transmission and counter cryptocurrencies
The data commons: Taking big data global
The International Monetary Fund’s first-ever overarching strategy on data aims to spread big data expertise among fund members. Louis Marc Ducharme discusses the upcoming challenges.
Book notes: American default, by Sebastian Edwards
Edwards’ book is fascinating, well written, relating one of US’s forgotten chapters of history
Is the pursuit of a common accounting standard for monetary gold a fool’s errand?
More consistency could address transparency and independence concern
Book notes: Unfinished business, by Tamim Bayoumi
Anand Sinha praises Bayoumi’s analysis of how euro crisis and US housing crash were, in fact, intertwined