Bank of England (BoE)
Inflation targets back in the spotlight
Monetary policy can do little to offset the impact of Covid-19
Major central banks ready to respond to coronavirus
Fed, ECB and Bank of Japan say they are willing to act; central bank events disrupted
Cunliffe spells out key questions to answer before launching CBDC
If central banks are to issue digital currency, they must think hard about the design, BoE deputy says
BoE announces new centralised data platform
UK central bank teams up with Autorek for two-phase project
Finance firms must take further steps on climate change – Carney
BoE governor calls for broadening of climate effort, including push for better risk management
BoE to impose Libor-linked collateral penalties
Andrew Hauser says regulators will employ carrots and sticks as deadline for transition looms
Activist claims Bailey ‘not fit’ to govern BoE
High-profile activist criticises Bailey and FCA in new report, calling for investigation into his appointment
FOMC discusses communication ‘escape clauses’
Fed might need “leeway” to deal with financial instability, some FOMC members say
Bank of England launches new £20 banknote
BoE says the new polymer note is the “most secure” it has issued
BoE’s Taylor argues for solution to IFRS 9 ‘headache’
Loss provisioning rules could worsen downturns and present issues for stress-testing, official says
Women paid 20% less than men at BoE
Pay gap shrinks to lowest level since 2017, but remains above UK national average
BoE paper highlights non-linearities in bank funding and solvency
Results could be important consideration in stress-test design, authors say
‘Intangibles’ may be adding to long-run rate decline – BoE’s Haskel
Economist says “tyranny of collateral” could be a problem for modern economies
Global governance is getting harder, warns BoE’s Cunliffe
Fading memories of crisis, new players and Brexit all create challenges, deputy says
Fed to stress-test banks’ leveraged loan exposures
Test features leveraged loan shock; scenario includes biggest-ever rise in unemployment
BoE paper finds heterogeneous policy transmission to firms
Authors say financial frictions “crucial” to understanding monetary policy transmission
Stress tests should be ‘two-stage’- Donald Kohn
Results for first test could be used to model second scenario, says senior BoE official
UK government struggled to attract female applicants for BoE governorship
Letter reveals only two of 23 applicants for Carney’s job were women, despite recruitment firm priding itself on ability to deliver a diverse candidate pool
Central Banking Awards 2020: second group of winners unveiled
Prizes awarded for governor, reserve management, green initiative, asset manager and custody
Custody initiative: Euroclear
The securities depository has debuted instant dollar settlement in central bank money outside the US – a service that has virtually eliminated settlement risk
Governor of the year: Mark Carney
Carney has played a vital role in managing Brexit risks while driving efforts towards climate, payments and dollar funding reform
Green initiative: Network for Greening the Financial System
The voluntary body is driving efforts to tackle climate-related risks
De Guindos stresses uncertainty from coronavirus outbreak
Powell and Carney said Fed and BoE are closely monitoring the virus’s impact on the economy
ECB reallocates subscribed capital after Brexit
Eurozone central banks will increase their total paid-up capital by €1.2 billion over the next two years