Cryptocurrencies Rally

From Science Fiction to Reality: Are Central Bank…

What are they? Central Bank Digital Currencies (CBDCs) have been in and out of the news over the past few years but there’s still some confusion as to what they are, what they’re for, and…

Working, Accenture, FPC, 2%, purchases

BOE: Asset Purchase Facility: Gilt Purchases – Market…

On 17 June the MPC voted for the Bank of England to continue with its existing programme of £200bn of UK government bond and sterling non-financial investment-grade corporate bond purchases, and to increase the stock…

Working, Accenture, FPC, 2%, purchases

BOE: Bank Rate maintained at 0.1% – August…

The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. In that context, its challenge at present…

Working, Accenture, FPC, 2%, purchases

Financial Policy Summary and Record – August 2020

Our Financial Policy Committee (FPC) meets to identify risks to financial stability and agree policy actions aimed at safeguarding the resilience of the UK financial system. The Financial Policy Committee (FPC) aims to ensure the…

IMF experts present their view on the Riksbank…

The International Monetary Fund (IMF) has extensive expertise in central bank legislation and a unique international insight into how it is designed in different countries. In light of this, the Riksbank invited IMF experts to…

Central Bank of Russia

Statistics on complaints to Bank of Russia: mid-year…

In the January to June 2020  period, the Bank of Russia received a total of 148.4 thousand complaints from financial consumers — a rise of 15.2% vs the same period in 2019. The growth owes its origin mainly to the number of applications for loan restructuring related to adverse national epidemiological conditions. Yet, the number of such complaints saw a drastic…

yearly low, extensions

The Future of Retail Payments in the United…

It is a pleasure to be here today with Esther George and Ken Montgomery to talk about the future of America's retail payment system. Recognizing that the retail payment infrastructure touches every American, a year…

yearly low, extensions

Federal Reserve announces details of new 24x7x365 interbank…

The Federal Reserve Board on Thursday announced details of the FedNow℠ Service, a new 24x7x365 interbank settlement service with clearing functionality to support instant payments in the United States. The features and functionality described in…

Reserve Bank of Australia, policy

Reserve Bank of Australia: Statement by Philip Lowe,…

At its meeting today, the Board decided to maintain the current policy settings, including the targets for the cash rate and the yield on 3-year Australian Government bonds of 25 basis points. The global economy is…