Data
AI can help predict consumer defaults – NBER paper
Researchers say “deep learning” could be useful in designing macro-prudential policies
Kansas Fed develops real-time GDP tracker
The tracker builds on previous work by combining two forecast models
IMF’s Adrian on the big tech threat and why a ‘non-system’ works
IMF’s financial counsellor talks about efforts for the fund to craft well-targeted policy guidance
ECCB launches public debt investor information website
New website could help solve “long-standing issue” of excess liquidity, ECCB governor says
Two-thirds of countries failing to meet global standards on inflation – IMF paper
More than half the world has not updated CPI weighting in the last five years, researchers find
Bank of Spain launches data lab for research
Economists now have access to micro-data on the country’s non-financial firms
US lawmakers slam Facebook’s ‘delusional’ Libra plan
Libra executive grilled at US hearing over Facebook’s history of scandals
‘Heterogeneous beliefs’ can improve models of inflation – BoE paper
Authors break down inflation expectations in search of additional forward-looking information
Carney sees storm clouds gathering over global economy
The “portents are worrying”, BoE governor says, but worst of the impact may pass UK by
Lagarde reiterates call for greater international co-ordination
“We need a trading system fit for today’s world,” IMF chief says after G20 summit
RBI set to benefit from granular data warehouse – Das
Central bank’s new “data access lab” will support innovative research, governor says
RBI takes complaints system digital
System will support supervision by giving people an easier means of submitting complaints
Fed eases regulatory burden for small US banks
Rule change introduces streamlined reports for banks with assets of $1 billion to $5 billion
BoE’s Kashyap warns banks vulnerable to state-sponsored cyber attacks
FPC member says he is not sure banks are capable of defending themselves
Akerlof warns economics is biased against methods seen as ‘soft’
Nobel prize-winner says bias leads to “sins of omission” in economic research
NY Fed researchers develop new natural rate of unemployment measure
Estimate is 50–60 basis points lower than other mainstream estimates
Call to arms on climate change
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.
Green solutions – Supporting our clients along their green investment value chain
From extreme weather to transition risks, the systemic challenge of climate change lies in the interconnectedness of risk. Amundi is helping to shape solutions by integrating climate risks across its asset classes and pushing public debate forward.
Climate change – Where can central banks contribute?
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…
Can central bankers turn finance green?
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.
A powerful new force – Central banks and climate-related risks
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…
The calm before the storm – The climate change 2019 survey
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…
Why two degrees matters to central banks
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.