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Call for papers: Systemic risks in non-bank financial intermediation (NBFI) and policies to address them

Call for papers: Systemic risks in non-bank financial intermediation (NBFI) and policies to address them

The Financial Stability Board invites submissions of papers for a conference on systemic risks in non-bank financial intermediation (NBFI) and policies to address them. The conference, which will take place in June 2022, will…

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Eurozone sovereign debt crisis has increased financial fragmentation, paper argues

Eurozone sovereign debt crisis has increased financial fragmentation, paper argues

Risk premia for corporate bonds differ according to country of origin, researchers say The European sovereign debt crisis has “reversed the process of financial integration” in the eurozone, a working paper published by the Banque…

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Oil prices head for weekly loss on Omicron uncertainty By Reuters

Oil prices head for weekly loss on Omicron uncertainty By Reuters

© Reuters. FILE PHOTO: The Bryan Mound Strategic Petroleum Reserve, an oil storage facility, is seen in this aerial photograph over Freeport, Texas, U.S., April 27, 2020. REUTERS/Adrees Latif/File Photo By Noah Browning LONDON (Reuters)…

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I’ve fine-tuned a tool that advises the Bank of England what interest rates to set – here’s what it says

I’ve fine-tuned a tool that advises the Bank of England what interest rates to set – here’s what it says

Interest rates were remarkably stable in ancient societies. It has been argued that this was because they reflected the local system of numerical fractions. Classical Greece had a “normal” interest rate of 10% per annum…

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we just discovered the world’s leggiest animal hiding in Western Australia

we just discovered the world’s leggiest animal hiding in Western Australia

Millipedes were the first land animals, and today we know of more than 13,000 species. There are likely thousands more species of the many-legged invertebrates awaiting discovery and formal scientific description. The name “millipede” comes…

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White House unveils faster plan to eliminate lead pipes, paint By Reuters

White House unveils faster plan to eliminate lead pipes, paint By Reuters

© Reuters. FILE PHOTO: A member of the Secret Service walks along security fence installed around the White House days after supporters of U.S. President Donald Trump stormed the Capitol in Washington, U.S., January 11,…

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Why spending $2 trillion on child care, health care and fighting climate change won’t make inflation any worse than it already is

Why spending $2 trillion on child care, health care and fighting climate change won’t make inflation any worse than it already is

One of the main concerns raised by critics of President Joe Biden’s Build Back Better plan is that it will drive up inflation, which is already running at the fastest pace in four decades. The…

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Climate anxiety is real. Why talking about it matters

Climate anxiety is real. Why talking about it matters

As the climate changes, negative environmental effects are being felt and seen around the world. The effect that climate change has on mental health is less immediately obvious or visible. Often termed climate anxiety or…

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FSB reports on global trends and risks in non-bank financial intermediation

FSB reports on global trends and risks in non-bank financial intermediation

Press enquiries: +41 61 280 8477[email protected] Ref: 45/2021 The Financial Stability Board (FSB) today published the Global Monitoring Report on Non-Bank Financial Intermediation 2021. The report presents the results of the FSB’s annual monitoring…

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Clarida: ‘Stagflation is not my baseline case’

Clarida: ‘Stagflation is not my baseline case’

The vice-chair of the Federal Reserve Board, Richard Clarida, has dismissed fears that US inflation rates would run out of control. Speaking to the Institute of International Finance on October 12, Clarida said “stagflation is…

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