The Bank of England has developed a new Heterogeneous Agent New Keynesian (HANK) model tailored to the UK economy.
A new Bank of England working paper introduces a simulation framework to estimate redemption capacity and failure probability for sterling money market funds.
Danmarks Nationalbank assesses that monetary policy and financial conditions are broadly neutral for the Danish economy, despite renewed global uncertainty from the Middle East war.
A new working paper from the Bank for International Settlements documents significant spillovers from stablecoin-based foreign exchange to traditional FX markets.
The Banco de España's latest quarterly report revises Spain's macroeconomic projections, lowering GDP growth for 2026 while raising inflation forecasts.
A new ECB working paper demonstrates that losses on banks' securities portfolios significantly impact monetary policy transmission.
A new European Central Bank working paper identifies three key risks to financial stability stemming from synthetic risk transfers (SRTs).
A Norges Bank Staff Memo examines the significant role of inflation expectations in Norwegian price setting, particularly following the 2022-2023 inflation surge.
The European Central Bank has published a first evaluation of its new Consumer Expectations Survey (CES).
The Bank of Japan has re-estimated Japan's natural rate of interest using the latest data, finding considerable dispersion and uncertainty in its estimates.
A new Federal Reserve study outlines a suite of policy options for reducing the central bank's balance sheet by an estimated $1.2 to $2.1 trillion.