New research on how central banks should condition monetary policy on financial vulnerability.

What triggered the Bank of England’s intervention in the UK bond market last week.

The pandemic has given rise to new challenges for central banks. These include: uncertainty over the trajectory of r* and the increasing importance of NFBIs.

New research on how deep reinforcement learning can be used to model bounded rationality and neural networks to estimate nonlinear HANK models.

How intertwined have fiscal and monetary policies become in the U.S.? Is the system better placed today to sustain a shrinkage of the Fed’s balance sheet?

…while in a high inflation environment.  Some evidence from Germany.

Two new research papers on how disagreements between the Fed and the market influence interest rate decisions; and on the equivalence between balance sheet reductions and interest rate increases.

New research on how to properly compare present inflation to past inflationary episodes; what are the lessons to be learned.

A look at the theoretical foundation of inflation targeting. The results of a survey of leading researchers and economists from around the world.

How do knowledge and attitudes affect the public's trust in central banks. Which central banks are considered trustworthy.