Central-Banks
SNB & CHF: The Swiss National Bank and Swiss Franc Blog
-
Mark Carney Steadies GBP/CHF Rates on Global Viewpoint
- Click to enlarge The pound to Swiss franc exchange rate has been steadied following comments from Mark Carney during a briefing on the global economy at the Barbican centre in London yesterday. I was fortunate to be in attendance and was struck by Carney’s confident manner, although he highlighted some major risks ahead which would be key for GBP/CHF rates. Sterling was weaker going into the talks, particularly as Theresa May has once again...
Read more » -
Chaos-Politik der SNB mobilisiert SVP und SP: Milliarden für Vorsorge
-
GBPCHF rates hit near 3-month highs
-
Folgt nun der umgekehrte Frankenschock?
-
SNB Grants Fintechs Access to SIC
-
Will the SNB ever make profits again?
-
Swiss National Bank Suffers $15 Billion Loss On 2018 Market Rout
FRED
-
Loving unemployment : A Valentine’s Day post for Texas and Oklahoma
[embedded content]For Valentine’s Day, we embrace the subject of unemployment. Specifically, this graph shows the unemployment rate for 2 of the 3,000+ U.S. counties for which FRED has data: Love County in Oklahoma and Loving County in Texas. Besides their affectionate names, what’s so special about them? Loving County has a rather unusual unemployment rate: It can stay at 0% for several months in a row or it can shoot up to 16%. This is...
Read more » -
How much cash is out there?
-
Foreign direct investment
-
100 years of industrial production data
-
How to gauge the world’s banking markets? Look to the World Bank
-
Risky business?
-
Capacity utilization
Bank Of Japan
-
Average Interest Rates by Type of Deposit
Download PDF
Read more » -
Japanese Government Bonds Held by the Bank of Japan
-
T-Bills Purchased by the Bank of Japan
-
Basic Figures on Fails (Jan.)
-
Bank of Japan Accounts (February 10)
-
Corporate Goods Price Index (Jan.)
-
Average Contract Interest Rates on Loans and Discounts (Dec.)
Swiss National Bank News
-
2019-02-15 – Financial markets – Public bonds of the Swiss Confederation according to maturity (situation at 15.02.2019)
Download PDF
Read more » -
2019-02-14 – Statistics – IMF Special Data Dissemination Standard (SNB Data), 14 February 2019
-
2019-02-11 – Press release – Important monetary policy data for the week ending 8 February 2019
-
2019-02-07 – Statistics – IMF Special Data Dissemination Standard (SNB Data), 7 February 2019
-
2019-02-06 – NWG Minutes – Executive Summary – 21st Meeting of the Working Group, 5 February 2019
-
2019-02-04 – Press release – Important monetary policy data for the week ending 1 February 2019
-
2019-01-31 – Statistics – IMF Special Data Dissemination Standard (SNB Data), 31 January 2019
Atlanta Fed
-
Trends in Hispanic Labor Force Participation
« Quantitative Frightening? | Main Although the labor force participation (LFP) rate has fallen significantly for the overall population during the past two decades, the trends can differ a great deal depending on which demographic group you examine. One way to ...
Read more » -
Quantitative Frightening?
-
Are Employers Focusing More on Staff Retention?
-
Defining Job Switchers in the Wage Growth Tracker
-
Cryptocurrency and Central Bank E-Money
-
Polarization through the Prism of the Wage Growth Tracker (Take Two)
-
Polarization through the Prism of the Wage Growth Tracker
RBA
-
Statement by Philip Lowe, Governor: Monetary Policy Decision
At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. The global economy grew above trend in 2018, although it slowed in the second half of the year. Unemployment rates in most advanced economies are low. The outlook for global growth remains reasonable, although downside risks have increased. The trade tensions are affecting global trade and some...
Read more » -
Statement by Philip Lowe, Governor: Monetary Policy Decision
-
Samoa Commitment for the Pacific Islands
-
Guilty Pleas made by Note Printing Australia and Securency in the Supreme Court of Victoria
-
Payments System Board Update: November 2018 Meeting
-
Statement by Philip Lowe, Governor: Monetary Policy Decision
-
New Payments Platform: Consultation
iMFdirect
-
Fintech in Sub-Saharan Africa: A Potential Game Changer
By Amadou N. R. Sy If you are reading this blog—drawn by current buzz around financial technology and the "fintech” reference in the title, and its promise to democratize financial services—then it is probably a safe bet to assume that you have heard of M-Pesa. This mobile payments system started in Kenya in 2007 now boasts 30 million users in 10 countries, with other competitors, such as MTN Money and Orange Money, also operating around...
Read more » -
Let Bank Supervisors Do Their Jobs
-
Chart of the WeekChina’s Digital Dividend
-
Cashing In: How to Make Negative Interest Rates Work
-
Chart of the WeekMind the Gap in SDG Financing
-
Latin America and the Caribbean in 2019: A Moderate Expansion
-
Unlimited Opportunities: Creating More Jobs for Young People in Emerging Market and Developing Economies
JP Koning: Moneyness
-
The Haitian dollar
Haiti is home to a strange monetary phenomenon. Shopkeepers and merchants set prices in the Haitian dollar, but there is no actual thing as the Haitian dollar. I've written before about an exotic type of unit-of-account known as an abstract unit of account. A nation's unit of account is the symbol used by its citizens and businesses to advertise and record prices. Here in Canada we use the $ while in a country like Japan people use the ¥. The...
Read more » -
Should we have to line up for money or not?
-
Swedish betrayal
-
Christmas and cash
-
Can lottery tickets become money?
-
No, Ohio isn’t accepting bitcoin tax payments
-
The demonetization gap
Impact Evaluations
-
Weekly links February 15: time to change your research production function? Hurray for big retailers and big data, but watch out for dynamic responses, and more….
This is the best thing I’ve read all week, particularly because it contrasts so much what my usual workflow looks like with what I would like more of it to look like – Cal Newport (of Deep Work fame) asks in the Chronicle Review “is email is making professors stupid?”. He notes that in the ...
Read more » -
The Latest Evidence on Gender and Development
-
Men at Work: Shhh!
-
Weekly links February 8: some people still like knowledge, be passionate about it, you don’t always need to make policy recommendations, and more…
-
7 types of policy makers and what they mean for getting your research used
-
Tools of the trade: Using iemargins to graph impacts with standard error bars (IE Analytics update)
-
Weekly links Feb 1: g big data, scaling up CCTs, “the data have been mined, of course”, and more…
Amol Agrawal: Mostly Economics
-
Drivers and Management of RBI’s Liquidity operations in 2018-19
In the earlier versions of India’s monetary policy, RBI used to release this useful Macroeconomic and Monetary Developments Report (MMDR). This was discontinued after April-2014 policy, as RBI started releasing Monetary Policy Report. In the MMDR, the chapter on Monetary and Liquidity Conditions used to be very useful as it would tell us about ongoing changes in RBI’s liquidity management. This would tell us the drivers of market liquidity...
Read more » -
40 years of Iran’s Revolution
-
Central bank independence in a democracy: narrower the mandate easier to defend it..
-
How Estonia appoints its central bank Governor?
-
For many in Dakshina Kannada, Vijaya Bank is an emotion…
-
Once there was an IDBI..
-
Women in Economics: Elinor Ostrom
David Andolfatto: Macro Mania
-
When is more competition bad?
Contrary to popular belief, standard economic theory does not provide a theoretical foundation for the notion that "competition is everywhere and always good." It turns out that legislation that promotes competition among producers may improve consumer welfare. Or it may not. As so many things in economics (and in life), it all depends.I recently came across an interesting paper demonstrating this idea by Ben Lester, Ali Shourideh,...
Read more » -
Racial Diversity in the Supply of U.S. Econ PhDs
-
Does the Fed have a symmetric inflation target?
-
Working More for Less
-
Does the Floor System Discourage Bank Lending?
-
Smart Contracts and Asset Tokenization
-
What is the yield curve forecasting?
Stephen Williamson: New Monetarist Economics
-
The Fed and the New Year
Much of the first two years of the Trump administration was unexpectedly good for the Fed. Appointees to the Board of Governors - Quarles, Bowman, Clarida - are actually qualified to do their jobs, in contrast to most of the folks now inhabiting the executive branch. Trump may have been willing to ditch Janet Yellen (for no obvious reason other than that she was appointed by Obama), but he replaced her with a Fed insider, Jay Powell, who has...
Read more » -
Fed’s Portfolio Manager Says Not to Worry
-
Should You Be As Excited About GDP Growth As Donald Trump Claims to Be?
-
Don’t Fear the Inversion – It’s the Short Rate That Kills You
-
Fed Balance Sheet Policy, and Treasury Debt Management
-
Fed Balance Sheet News
-
Jawboning Makes a Comeback
ECB Press Releases
-
Benoît Cœuré: The euro’s global role in a changing world: a monetary policy perspective
Speech by Benoît Cœuré, Member of the Executive Board of the ECB, at the Council on Foreign Relations, New York City, 15 February 2019This year marks the 20th anniversary of the euro’s creation, an event which has triggered much reflection on the single currency’s successes and challenges.[1]Most of this commentary has, rightly, focused on the economic track record of the euro area. The main aim of monetary union was, after all, to maximise...
Read more » -
Sabine Lautenschläger: Risks to banks – from inside and out
-
ECB publishes Consolidated Banking Data for end-September 2018
-
Luis de Guindos: The euro area: current status and the monetary policy stance
-
Benoît Cœuré: Interview with Barron’s
-
Yves Mersch: Promoting innovation and integration in retail payments to achieve tangible benefits for people and businesses
-
Yves Mersch: The changing role of central banking
Tony Yates: Long and Variable
-
Indy Voices post on Corbyn’s Brexit talks conditions
Link here. Advertisements
Read more » -
New Statesman blog on the “bollocks” of Labour’s Six Tests.
-
Whatever Powell says, the Fed can’t avoid taking political considerations into account.
-
What is the best Brexit outcome for the SNP?
-
King’s Bloomberg bloopers
-
Legitimacy somersaults
-
An optimistic forecast concerning the inconsistent ambitions of Lexiters and Brexiters
Bank of Canada
-
Taking Precautions: The Canadian Approach to Foreign Reserves Management
Remarks Peterson Institute for International Economics Available as: PDF Introduction Foreign exchange reserves, and their use for...
Read more » -
Canada’s job market is solid, but some key questions remain, Senior Deputy Governor Wilkins says
-
A Look Under the Hood of Canada’s Job Market
-
Monetary Policy Report Press Conference Opening Statement
-
Bank of Canada maintains overnight rate target at 1 ¾ per cent
-
Monetary Policy Report – January 2019
-
Business Outlook Survey—Winter 2018
New York Fed
-
Could Rising Household Debt Undercut China’s Economy?
Hunter Clark and Jeff Dawson
Read more » -
Just Released: Auto Loans in High Gear
-
The U.S. Dollar’s Global Roles: Where Do Things Stand?
-
The New York Fed DSGE Model Forecast—January 2019
-
Where Are Manufacturing Jobs Coming Back?
-
Monitoring Economic Conditions during a Government Shutdown
-
The (Modest) Rebound in Manufacturing Jobs
RBNZ
-
Consultation on new mortgage bond standard extended and loan template published
Release date 15 February 2019 The Reserve Bank is extending the consultation period for the proposed mortgage bond standard. The new standard is aimed at supporting confidence and liquidity in the New Zealand markets. Consultation began in November. Following requests from stakeholders, the Reserve Bank has extended the consultation period by two weeks. Feedback is now due by 5.00pm on 8 March 2019. Submissions and a response to...
Read more » -
New RBNZ monetary policy committee remit reiterates focus on price stability and employment
-
Official Cash Rate unchanged at 1.75 percent
-
FMA and RBNZ report on life insurer conduct and culture
-
Bank capital review background papers released, consultation extended
-
Bank Financial Strength Dashboard wins international award
-
Reserve Bank of New Zealand News Releases 1970-01-01 00:00:00
Bank of International Settlement
-
Central counterparty capitalization and misaligned incentives
BIS Working Papers | No 767 | 11 February 2019 by Wenqian Huang PDF full text (480kb) | 61 pages Summary Focus This paper investigates for-profit central counterparties (CCPs), asking whether their incentives might undermine financial stability. Such CCPs choose how much capital to hold, and...
Read more » -
An examination of initial experience with the global systemically important bank framework
-
Implementation monitoring of PFMI: Assessment report for Switzerland
-
Are post-crisis statistical initiatives completed?
-
Risk endogeneity at the lender/investor-of-last-resort
-
Establishing viable capital markets
-
Beyond the doomsday economics of “proof-of-work” in cryptocurrencies
FT Money Supply
-
Money Supply 2014-07-29 13:41:38
This blog will no longer be updated. Our thoughts on all things central banking, along with the more wonkish elements of economic policy, will appear on Alphaville and The World blog. Thank you for reading. You can keep in touch using our author alerts and twitter.
Read more » -
ECB caught up in economists’ spat
-
TLTRO: how well has the ECB targeted its loans?
-
Live blog: Mario Draghi’s monthly ECB press conference
-
Japan’s inflation expectations: glass half empty?
-
Carney’s (old) new normal
-
ECB’s Cœuré backs student calls to overhaul economics curriculum