The FMI Annual Report sets out how the Bank has exercised its responsibilities in respect of supervising financial market infrastructures since the last report.
Index-linked treasury stocks are gilts issued by the UK Government. They pay out twice a year, with the amount indexed to the Retail Prices Index.
Strong enforcement of insider trading laws doesn’t just protect investors – it encourages businesses to be more innovative, according to our new peer-reviewed research.
We assess Euro Area financial integration correcting for the role of “onshore offshore financial centers” (OOFCs) within the Euro Area. The OOFCs of Luxembourg, Ireland, and the Netherlands serve dual roles as both hubs of investment fund intermediation and centers of securities issuance by foreign firms. We provide new estimates of Euro Area countries’ bilateral portfolio investments which look through both roles, attributing the wealth held via investment funds to the underlying holders and linking securities issuance to the ultimate parent firms.
The Prudential Regulation Authority (PRA) has today announced the postponement of the dynamic general insurance stress test (DyGIST) launch.
An interview with Thomas Ferguson on the 2024 US election conducted by Andrew Yamakawa Elrod and Tim Barker for Phenomenal World
First published at: Phenomenal World
Late in December 2023, the former top editor of The New York Times’ editorial page, James Bennet, dropped a bombshell in an article for The Economist. “The leadership of the New York Times is losing control of its principles,” he wrote, saying slanted coverage at the institution is “pervasive.”
Trust in the central bank is an essential ingredient for a successful conduct of monetary policy. However, for many central banks trust has recently declined, for instance in the wake of the post-pandemic inflation surge, due to large errors in central banks’ inflation forecasts, or given problems when exiting from forward guidance. The rapid, substantial and persistent erosion of trust makes it clear that trust needs to be earned continuously. This paper reviews why trust is important, what determines it and how central banks can enhance it.
After a slow economic year, many New Zealanders are eyeing 2025 with uncertainty but also a degree cautious optimism. Interest rates are dropping and unemployment rates remain below expectations.
Industrial organization economists have caused antitrust to cling to an antiquated and disproven economic theory.
