Opinion/Our Take
Policy-making amid war in Gaza
Bank of Israel has implemented a textbook crisis response, but uncertainty remains
A ‘unified ledger’ and the future of money
Blueprint set out by the BIS staff raises plenty of questions about the 'singleness of money'
Rule-setters need to heed their own advice
The US risks a reputation for failing to meet standards to which it holds others
A troubling trilemma
Central banks need to tread a fine line as they serve as the economy’s police, fire brigade and paramedics
Gilts debacle exposes financial stability risks
Lurking leverage in liability-driven UK pension investments raises important questions for central bankers
Economy’s ‘first responders’ now in the line of fire
Forceful but late interventions to combat inflation raise the risk of central bank overreactions
(Un)stablecoins and central banks
Time to tackle stablecoin structures and support mechanisms
Fractures in the monetary system
Seizure of Bank of Russia assets likely to have long-term implications for international system
Tackling surging inflation
Central banks around the world are grappling with rapid price rises, with some taking very different routes to others
Too great expectations from the ECB’s strategy review
The review process represents operational best practice, but will fail to unify the Governing Council
A return of the inflation monster?
Fears grow over the intellectual shift to running economies ‘hot’
A bellwether moment for CBDC plans
Launch of ‘sand dollar’ may herald a new era of CBDCs as Fed and ECB step up their preparations
The dawn of average inflation targeting
Failure to explain how the Fed calculates its ‘average’ for AIT creates risks
Central Banking’s strategic changes for a new era
New institute, benchmarks, virtual training and online event weeks launched
Covid-19: a watershed moment for China’s BRI?
China faces a delicate task as its restructures debt while striving to preserve the soundness of its banks
High US inflation should not be ruled out
A prolonged health crisis raises the risk that hidden inflationary pressures could be stoked
Central banking enters a new era
‘Monetary financing’ and ‘buyer of last resort’ traps lie in wait
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?
Inflation targets back in the spotlight
Monetary policy can do little to offset impact of Covid-19
Macroeconomics is not broken
The discipline has moved beyond the neoclassical synthesis. Critics should too
Facing up to the tech challenge
Central banks get a wake-up call from libra
Seven threats from big tech’s libra
Can central banks avoid a ‘big tech’ monetary meltdown?
30 years of central banking
Central banks face credibility tests on a number of fronts
An inside story on the central bank gold agreement
Robert Pringle reveals details of Mbeki’s appeal to central bankers