ECB
Paper
ECB balance sheet contracts by €37.3 billion, annual loss significantly lower
The European Central Bank's balance sheet contracted by €37.3 billion in 2025, primarily due to the decline in monetary policy securities.
AI Paper Curation
ECB
Paper
Satellite data significantly improves oil demand forecasting
A new ECB working paper finds that satellite observations of nitrogen dioxide (NO₂) significantly enhance the nowcasting accuracy of oil demand.
BIS
Paper
Updated ISO 20022 data requirements enhance global cross-border payments
The Committee on Payments and Market Infrastructures (CPMI) has updated its harmonised ISO 20022 data requirements to enhance cross-border payments.
BIS
Paper
Supply constraints increasingly drive Japan's inflation
A Bank of Japan working paper analyzes how supply constraints affect Japan's inflation dynamics.
ECB
Paper
Accommodative policy drives global bond fund risk-taking
A new ECB working paper reveals that accommodative monetary policies by the Federal Reserve and the European Central Bank increase risk-taking in bond funds' portfolios.
ECB
Paper
BIS
Paper
FSB introduces standard for financial incident reporting
The Financial Stability Board (FSB) has established a new approach to promote common information elements for reporting operational incidents by financial institutions to authorities.
BDF
Paper
Surveys reveal inflation and growth tail risks, stagflation reemerges
A Banque de France working paper evaluates inflation and growth risks using probabilistic responses from professional forecasters' surveys.
ECB
Paper
Monetary policy hikes increase homeowners insurance prices, amplifying housing market impacts
A new ECB Working Paper reveals that contractionary monetary policy shocks lead to higher homeowners insurance prices.
ECB
Paper
Asset management companies stabilize credit by breaking NPL feedback loop
A new European Central Bank working paper finds that asset management companies (AMCs) effectively stabilize credit by purchasing nonperforming loans (NPLs) and breaking the feedback loop between default rates and lending costs.
BDI
Paper
Hydrogeological risks increase Italian firms' default probability
A new Bank of Italy working paper assesses the impact of climate-related physical risks on the one-year probability of default (PD) for Italian non-financial firms.
DNB
Paper
Relaxing intragroup limits amplifies risk-taking in multinational banks
A new working paper from De Nederlandsche Bank (DNB) finds that relaxing regulatory limits on intragroup exposures can amplify risk-taking by multinational banking groups.