BoE governor rules out negative rates and change to inflation targets, offers update on too-big-to-fail; and more
Central banking has hit another crossroads, writes Central Banking founder, Robert Pringle
A vibrant market in SDR linked to commodity prices could create a powerful new monetary anchor
IMF’s financial counsellor talks about efforts for the fund to craft well-targeted policy guidance
The book leaves you with a deeper and nuanced understanding of Piketty's work
What tactics will central banks deploy?
Global imbalances are growing, and it is unclear whether the world’s institutions have enough firepower to respond to a crisis, writes Daniel Hinge
While not all central bankers will read this book, the problems it presents should not be left to politicians to solve
Sayuri Shirai assesses the implications of stablecoins for stability, monetary policy and regulation
While being authored by world-class Adam Smith specialists means this is a must-read, the value-added of the book “remains a bit vague”
Thought-provoking book that will repay investment of any reader with an interest in sovereign debt
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.
Increasing global concern about climate change is causing central banks to take notice of the issue and its potential implications. Frédéric Samama, head of institutional client coverage at Amundi, examines the findings of Central Banking’s survey on…
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.
Rajan sets out ambitious – but deliberately non-radical – manifesto for reform at local level
MAS’s Menon explains use of customised fixed income benchmarks and factor-based models
The Fed is cutting the size of its balance sheet, but is unlikely to reduce it to pre-crisis levels
Zhou Xiaochuan shares his insights on central bank leadership in China’s economic reform
Making economics accessible to everyone
High international debt exposures, large deficits and institutional frailty have fuelled capital outflows, weaker currencies and soaring inflation in Argentina and Turkey