Bank for International Settlements (BIS)
Vector-based language model can improve forecasts – BIS paper
“Word embeddings” can be used to make better inflation predictions, authors find
Rising long-term yields reflect uncertain sentiments – BIS
Latest quarterly review highlights diverging trends in bond, equity and corporate credit markets
Fast payment systems enhance financial inclusion – BIS paper
Researchers examine systems’ spread in Latin America and Caribbean
BIS paper explains monetary policy’s impact on long-run rates
Authors say “forgiving” economy allows central bankers to set policy without clear view of r*
Central banks struggling to adopt latest data standards – BIS survey
Most institutions use SDMX, but resource constraints are limiting the benefits
Mutual fund investments support green transition – BIS paper
Study of the impact of news on investment flows finds funds are not guilty of “greenwashing”
Focus on rates for policy, keep QE for crises – Carstens
BIS general manager says expanding objectives could “undermine credibility and independence”
RTGS extensions often happen gradually – BIS-authored study
Authors say extended operations can increase risk of fraud in late hours
AI adoption does not require governance overhaul – BIS
Study says central banks can build upon existing risk management frameworks
AI can solve more complex economic models – BIS paper
Neural networks help economists solve and estimate non-linear heterogeneous agent models
Large firms drive inflation in advanced economies – BIS study
Analysis of barcode scanner data finds pricing decisions by individual companies have outsize impact
Central banks must be responsive to commodity price swings – BIS
Risk of transitioning to “high-inflation regime” may require more active policy, bulletin says
Claudio Borio joins the Central Banking Advisory Board
Economics expert and ex-BIS research head joins peers from across the globe
2024: The year in central banking
A look back at the biggest and most popular news stories of the year
Banks should be operationally ready for liquidity support – BIS
Institution calls on authorities to improve lenders’ preparedness for central bank liquidity
BIS highlights market ‘uneasiness’ over bond issuance
Claudio Borio says fiscal outlook worldwide is “acutely worrying”
BIS study examines ways to improve catastrophe insurance
Financial Stability Institute says “parametric” policies can help businesses weather the storm
Inflation targeting regime needs reform – BIS paper
Authorities should recognise what monetary policy can and cannot do, argues Claudio Borio
BIS and World Bank find central banks split over retail CBDCs
Study says many institutions see value in launching fast payments systems first
Pandemic macro-pru in Africa was effective – FSI study
Paper from Basel-based institute says relaxing macro-prudential requirements can boost bank lending
Basel Committee examines use of CCyBs across jurisdictions
Report highlights how more jurisdictions are implementing positive neutral buffer rates