It's Japan's version of the Fed's Jackson Hole symposium, without the trail hikes or views, and this year's gathering of ...

Digitalization of the economy provides both challenges and opportunities. Central banks should ensure that they have the capacity to continue to meet their policy objectives in the digital age. It is ...

"Central-bank digital currency" doesn’t exactly roll off the tongue. But you might want to get used to saying it. These so-called CBDCs, or digital versions of dollars, yuan, euros, yen or any ...

Naturally, Prasad talked about central bank digital currencies (CBDCs). Prasad, now a professor of trade policy and economics at Cornell University, gave a blunt assessment of how CBDCs will ...

Would the introduction of a Central Bank Digital Currency (CBDC) lead to lower deposits (disintermediation) and lending in the banking sector? This paper develops a model where households ...

There’s a quiet revolution happening at the heart of central banking. On the surface, the inconspicuous language around the shift makes it sound like any other boring back-office central bank protocol ...

Most worryingly, despite these failings, the world’s central banks were able to continue unchecked on a path towards the unprecedented powers they now hold. Indeed, the painful 1970s and ...