BISPaper
A new working paper reveals that central bank large-scale asset purchases (LSAPs) have distinct effects depending on their primary objective.
BISPaper
A new Bank for International Settlements (BIS) Bulletin warns that frontier artificial intelligence (AI) models significantly enhance cyber offensive capabilities.
BDEPaper
A Banco de España working paper finds that low emission zones reduce fine particulate matter exposure by approximately 4 percent within designated areas across 33 European countries.
BDIPaper
Banca d'Italia's report on fraudulent payment transactions in Italy for the second half of 2025 reveals that overall fraud rates remain very low, at 0.010 percent by number and 0.003 percent by value.
BISPaper
A Federal Reserve Bank of Atlanta working paper finds that monetary policy transmission to household beliefs is state-dependent, as households endogenously adjust attention to macroeconomic conditions.
BISPaper
A new Federal Reserve Bank of Atlanta working paper finds that early Social Security coverage enabled sons of recipients to move farther from home, earn more, and live in better neighborhoods.
BISPaper
Firm heterogeneity in financial constraints significantly shapes how monetary policy transmits to inflation, a new study finds.
BDFPaper
A new Banque de France working paper reveals that monetary policy influences firms' labour hoarding behavior, with restrictive policy reducing it 2-3 times more than accommodative policy increases it.
BDIPaper
Renewed Middle East hostilities have fueled energy price increases, prompting the European Central Bank to raise its key interest rates by 25 basis points at its June meeting.
BOEPaper
A new Bank of England working paper finds that communicating forecast uncertainty via fan charts helps stabilize public inflation expectations.
BOEPaper
A new Bank of England paper identifies inflation thresholds in the UK, finding that dynamics change once year-on-year CPI inflation rises above 3.1 percent.