Central Bank Digital Currencies
Recent research suggests that Central Bank Digital Currencies can increase GDP, raise the efficiency of retail payments and render a negative interest policy more effective. But what are Central Bankers saying?
The CEO of the Financial Conduct Authority has called for the replacement of LIBOR by the end of 2021. The Federal Reserve is proposing three alternative benchmarks to the US Dollar LIBOR.
Ten years ago …
What happened on August 9th 2007 that makes economists believe that this was the day the Global Financial Crisis started.
Is the global financial system stable?
The Financial Stability Board just released its sixth report on the implementation of resolution reforms. New research on CCP, bank capital ratios and shadow banking cast doubt on whether the global financial system is now “safer, simpler and fairer than before”.
The future of banking
Is fintech the future of banking? Larry Summers and Christine Lagarde argue the pros and the cons. New research explains why the UK is now the largest fintech market in the world.