BIS
Paper
Digital payments surge, cash in circulation holds steady
Global cashless payments continue to increase, driven by credit transfers in emerging markets and card payments in advanced economies.
AI Paper Curation
ECB
Paper
Eurosystem details credit operations collateral management
The European Central Bank has published a comprehensive guide on collateral management for Eurosystem credit operations.
BOJ
Paper
BOJ sees decelerating growth, higher inflation in FY2026
The Bank of Japan projects decelerating economic growth and significantly higher inflation for fiscal 2026.
BDF
Paper
Nonbank financial risks persist, FSB urges full reforms
The Financial Stability Board (FSB) published a progress report on July 9, 2025, detailing efforts to enhance nonbank financial intermediation (NBFI) resilience.
BIS
Paper
Imitation benefits innovators via preference discovery
A new Bank for International Settlements (BIS) working paper finds that allowing imitation can be privately optimal for innovators.
BIS
Paper
ECB
Paper
EU bank capital rules comparable, US stricter for large banks
An ECB Occasional Paper evaluates the EU banking sector capital framework and its implementation of Basel standards.
BDE
Paper
Market power costs Spain 17% of annual consumer welfare
A Banco de España (BDE) paper quantifies the welfare costs of market power in Spain's product markets.
BDI
Paper
Digital payments boost Italian provincial economic performance
A Banca d'Italia working paper finds a robust positive association between digital payment usage and economic performance across Italian provinces from 2012 to 2023.
BOE
Paper
Faster Payments limit increase shifts volume from CHAPS
A Bank of England working paper finds significant payment substitution from CHAPS to Faster Payments following the 2022 transaction limit increase.
BDI
Paper
Information reduces overconfidence in inflation forecasts
A Banca d'Italia study reveals that providing recent inflation data to Italian firm managers reduces overconfidence in their forecasts.
BDI
Paper
Integrated models quantify climate policy costs and benefits
A new Banca d'Italia working paper reviews Integrated Assessment Models (IAMs) and their applications.