Survey: More Central Banks Explore CBDCs
adminA survey of 86 central banks found that the majority of respondents are involved in central bank digital currency-related work, and that uncertainty about the likelihood of issuing CBDCs in…
Central Bank Balance Sheets and Policy Rates
The main challenge facing monetary policy makers is the sudden and rapid rise in inflation. Starting in 2021, inflation has risen substantially in many advanced economies. For example, in the…
The European Central Bank raises interest rates again, but only by a quarter of a point
The European Central Bank had a clear message when it raised interest rates by a quarter of a percentage point on Thursday: it's not over yet.Even as the central bank,…