CB Opinion
How will Covid-19 hit central banks’ financial results?
The crisis has affected central bank incomes from seigniorage and other sources. But by how much?
How vulnerable are EMEs to renewed Covid-19 turbulence?
Emerging markets face pressures from the health crisis and global financial forces, says Steve Kamin
What makes for good financial supervision?
The Wirecard debacle has led to calls for more effective oversight
Balancing data policies: what Covid-19 taught us
New rules are needed for data-sharing at a national and international level
NGFS offers concrete next steps to assess climate vulnerabilities
New climate risk scenarios to be adopted by BoE and Buba
Central banking enters a new era
‘Monetary financing’ and ‘buyer of last resort’ traps lie in wait
The impact of AI adoption on supervisors
Triad of AI training, supervisor data scientists and suptech needed
Can growth in developing Asia be made more sustainable?
The structure of the global economy will be reshaped by Covid-19, writes Philip Turner
Global carbon taxes are coming: central banks must prepare
The next financial crisis could be a green one. Are central banks doing enough to prepare?
Beware of capital: much ado about nothing?
Capital increases can be offset by asset valuation, provision and income recognition forbearance
‘Ostrich approach’ to financial stability is a mistake
Denmark’s top supervisor says scaling back IFRS 9 would be a costly error
Concentrated firepower: central banks must expand their arsenal
Philip Turner argues central banks should be prepared to go further to avoid economic collapse
The dawn of a safer and sounder European banking sector
Implementation of two pillars of banking union has led to significant improvements
Inflation targets back in the spotlight
Monetary policy can do little to offset impact of Covid-19
Policy responses to Covid-19
The coronavirus outbreak poses a real threat to the global economy
Stability versus solvency
There is still far too much regulatory forbearance on troubled bank debt
Bulgaria: long live the currency board
Bulgaria should reject the euro and extend its currency board to cover bank deposits
Macroeconomics is not broken
The discipline has moved beyond the neoclassical synthesis. Critics should too
Yngve Slyngstad: contrarian person, brilliant investor
Knut Kjær reflects on the character of the man that has led Norway’s $1.1 trillion SWF
Negative rates demonstrate shortcomings of currency
Distortionary effects of negative rates raise broader questions on design of money itself, writes Barry Topf
In search of a better definition of digital money
Dave Birch tries to cut through the noise on cryptocurrencies, blockchains and everything in between
Facing up to the tech challenge
Central banks get a wake-up call from libra
What is behind China’s digital currency aspirations?
The PBoC sees CBDC as a means of riding the wave of digitisation, and potentially challenging the US dollar’s dominance, writes Hui Feng
Demand for cash remains solid in many parts of the world
Sayuri Shirai re-examines the decline of cash use worldwide