A new working paper from the BIS argues that privacy should be a built-in feature of central bank digital currencies, not a trade-off with crime prevention.
A new Oesterreichische Nationalbank (OeNB) study reveals that monetary policy transmission to bank lending in the euro area consistently peaks within 12 to 18 months.
A delayed and uncoordinated climate transition could trigger substantial financial market losses, with global equities facing an average 6.8 percent correction.
The Bank of Russia cut its key rate by 50 basis points to 15.50 percent per annum on February 13, 2026.
A Bank of England working paper finds that specialist lenders in the UK mortgage market use higher loan fees to offset lower interest rate pass-through for larger borrowers.
A Bank of England working paper finds that inflation expectations adjust gradually to monetary policy regime changes, with actual inflation leading expectations.
A new Bank for International Settlements working paper reveals that geopolitical events impact international bank credit asymmetrically.
A Federal Reserve study reveals that the European Union's 2018 retaliatory tariffs against US steel and aluminum led to a lasting decline in US imports without causing domestic price pressures.
A new Federal Reserve study characterizes asymmetric tail risk across over one hundred U.S. macroeconomic and financial variables.
A Federal Reserve paper finds that global financial risk, specifically U.S. monetary policy uncertainty, significantly lowers long-run productivity growth in emerging markets.
A new Occasional Paper from the Bank for International Settlements identifies significant complexity in the European banking union's resolution framework.