Data
Initiative of the year: RBNZ’s Financial Strength Dashboard
The Reserve Bank of New Zealand’s Financial Strength Dashboard offers a window into the nation’s banking system
UK lawmakers demand fix for RPI miscalculation
House of Lords says Statistics Authority’s failure to fix error has left many members of public poorer
Google’s data tool has potential for countries with data gaps – IMF research
Authors explore how search queries can be used to track human behaviour, which could be used to map macroeconomic indicators
Angola improves data transparency with new hub
Statistics deemed “critical” by the International Monetary Fund will be published in one place
Fed to expand market data collection efforts
The scope and availability of data must keep up with evolving markets, Lael Brainard says
Bank of England to overhaul consumer interest rate statistics
Changes are designed to ensure the statistics reflect consumers’ experiences “as closely as possible”
FCA survey reveals significant increase in tech failures
Cyber incidents represented 18% of incidents reported to the FCA in year to October, despite firms appearing confident with current systems and processes
Interview: Clair Mills on the meaning of fintech
The Bank of England’s head of change and data management discusses why fintech is so important for a financial sector going into uncharted territory
Bank of Canada steps up financial stability research efforts
Economy faces risks from in-household debt, housing and cyber attacks, senior policy adviser says
ECB paper examines banks’ responses to unconventional policy
Weaker banks’ sheets reduce credit supply in response to conventional policy shocks, paper finds
Bank of Canada to weigh up alternatives to inflation targeting
Central bank will hold “full horse race” between nominal GDP targeting and other alternatives, Wilkins says
PRA using AI to understand connectivity of rulebook
UK regulator is using Google search engine algorithm to see if rulebook can be streamlined, says BoE’s Proudman
Atlanta Fed launches new rental market data tool
The affordability tracker sheds a new light on how many households in the region are struggling to find affordable housing
US banking system responding well to post-crisis reforms, says Fed
Banking system shows healthy rebound despite supervision uncovering weaknesses, the Fed reports
MAS chief laments ‘data localisation’
Misguided notions of data security threaten digital growth, says Menon; central bank further strengthens fintech support
RBNZ launches review into collapsed insurer
CBL Insurance to be liquidated after failing to assemble rescue plan
Fed proposes further regulatory loosening for small firms
Governor Lael Brainard voted against the last proposed reductions in regulation
BoE paper proposes nowcast method for GDP revisions
Dynamic factor model reveals information on how early estimates may be revised, authors say
Bank of Canada publishes 30 years of staff forecasts
Online database “further step” in transparency efforts, deputy governor Wilkins says
BIS committee finds inadequacies in derivatives data
Challenges remain, despite significant progress, Irving Fisher Committee reports
Agent-based models: a new frontier for macroeconomics?
Agent-based modelling is opening up new possibilities for economics, but the discipline is still struggling to move from the sidelines to the mainstream
Video Q&A: Geoffroy de Lamalle, eProseedRTC
Central Banking spoke to Geoffroy de Lamalle, founder and chief executive at eProseedRTC, at the FinTech and RegTech Global Summit in Singapore
Swift calls for standard API methodology
Open banking ecosystem will only succeed if standard-setters create universal method for API specifications, payment provider says
Canada’s Sabean on tackling a data governance overhaul
The Bank of Canada has been making “significant investments” in data, says senior director