Asset prices
FOMC discusses communication ‘escape clauses’
Fed might need “leeway” to deal with financial instability, some FOMC members say
Eurozone banks increase illiquid assets after solvency shocks – DNB paper
Shift in asset holdings could create asset price distortions after banking crises, researchers say
Bank of Canada holds rates but cuts growth forecast
Central bank cuts expected growth by 0.75 percentage points lower for both Q4 2019 and Q1 2020
Regional Fed presidents warn asset purchases are creating risks
Robert Kaplan expresses concern over Fed’s response to market funding pressures
Bank of Guyana to manage new sovereign wealth fund
New fund, operationally managed by central bank, will invest profits from new oil revenue
Ghana launches push to turn banking sector green
New sustainable principles address seven areas of social and environmental issues in a growing banking sector
Weak data on sustainable assets threatens financial stability – Sarb
Industries vulnerability to climate-related risk is unknown, South African central bank says
Norway’s SWF chief to step down after 12 years
Yngve Slyngstad presided over international diversification and the adoption of real estate, while total assets multiplied by four
Dutch pension funds hit by low interest rates, says DNB
Today, 63% of funding ratios are below the statutory minimum
Large forex dealers are key to asset pricing – Bundesbank paper
Capital ratios of large forex dealers are important in explaining asset price movements, paper says
Big tech: a threat to banks?
The explosive growth of financial services offered by big tech companies in China offers important lessons
Central bankers without clothes and clout
The focus on the latest actions by central banks is disproportional to their impact on the economy. Without normalisation, central bankers may be revealed to have no clout, writes Jesper Berg
30 years of central banking
Central banks face credibility tests on a number of fronts
BoE paper: ‘tails’ matter when studying global financial cycle
Authors look to the tails of the distribution to understand exchange rate risk in the global cycle
Fed policy is reinforcing overvalued equities, Shiller warns
Robert Shiller talks to Central Banking about his latest research, “Narrative Economics”
FOMC divided over July cut, minutes show
Some FOMC members worried by effect of rate cut on US financial stability
Norwegian fund welcomes ‘positive result’ in turbulent quarter
Fund saw returns in the second quarter despite some difficult trading conditions
Government assets are just as important as deficits – IMF research
Borrowing costs are determined by structure of public assets
Sovereign default risk affects bank assets – Bank of Italy paper
Researchers look at data on bank assets from 15 countries from 2004–18
Green solutions – Supporting our clients along their green investment value chain
From extreme weather to transition risks, the systemic challenge of climate change lies in the interconnectedness of risk. Amundi is helping to shape solutions by integrating climate risks across its asset classes and pushing public debate forward.
A powerful new force – Central banks and climate-related risks
Increasing global concern about climate change is causing central banks to take notice of the issue and its potential implications. Frédéric Samama, head of institutional client coverage at Amundi, examines the findings of Central Banking’s survey on…
Longer-term climate risks do not factor in Fed’s financial stability assessment – Powell
Fed chooses to highlight “historically high” corporate debt levels in financial stability report
The IFF China Report 2019
Insight and perspectives from the world's leaders, premier policy-makers and financiers
State-backed mortgages promote little homeownership – Fed paper
Guarantees can lead to inflated house prices, researchers warn