Mark Carney speaks at the IMF meetings There is an opportunity for digital currencies to support a transition away from the destabilising effects of US dollar dominance, Bank of England governor Mark Carney says. In…
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The eurozone needs to work hard to end its reliance on debt, European Central Bank (ECB) vice-president Vítor Constâncio said on June 24. In remarks to a conference entitled “Debt – economic, political and moral…
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Central banks can run into trouble if they try to be too predictable, Bank of England deputy governor Ben Broadbent said in a speech today (March 30). Central banks have often used forward guidance on…
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The incoming chief of Norges Bank Investment Management, Nicolai Tangen, has finalised an agreement to cede the management of his fortune to a third party during his time in office. Tangen has agreed with the…
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The Reserve Bank of India has continued to provide the administration of Narendra Modi with welcome news, announcing a larger interim dividend payment than it made last year. The central bank’s board met today (February…
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The Bank of England has announced that all its electricity and natural gas will come from renewable sources from this month onwards. In a statement on Twitter, the BoE said the decision was part of…
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Norges Bank increased policy rates today (March 24), as Ida Wolden Bache was appointed governor after Nato secretary-general Jens Stoltenberg announced he would not take the role. The Norwegian central bank’s executive board increased the…
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The Bank of England has become the latest central bank to collaborate with the Massachusetts Institute of Technology on research into central bank digital currency (CBDC). The Bank of Canada and the Boston Fed are…
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With regulators leveraging technological innovations to move towards informed, data‑driven decision‑making and automation, supervisory technology is attracting enhanced interest. Kimmo Soramäki and Phillip Straley examine how regulators are gaining insight by examining interconnectedness in datasets,…
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Politicians and central bankers need to radically rethink how they view blockages in the global economic system, if the world is to escape its current “low-growth trap”, said former Bank of England (BoE) governor Mervyn…
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