Fed study details options for balance sheet reduction via reserve demand
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.
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.
The Banque de France published its March 2026 macroeconomic projections for France.
A new working paper from the Federal Reserve Bank of Philadelphia constructs a novel neighborhood geography.
A new working paper from the BIS, based on a survey of nearly 750 corporate executives, documents the heterogeneous effects of artificial intelligence on productivity and the workforce.
A Federal Reserve Bank of Cleveland working paper argues that routine-biased technological change (RBTC) contributed to the stagnation of the Black-white wage gap after 1980.
A new Bank for International Settlements working paper introduces an analytical framework where sovereign borrowing costs are constrained by financial intermediaries' balance-sheet capacity.
A new working paper from the European Central Bank introduces a Quantile Probability of Default (QPD) framework to measure sector-level corporate credit risk.