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The frontiers of AI in central bank communications

The frontiers of AI in central bank communications

Breakthroughs in the development of generative artificial intelligence (GenAI) in 2023 have prompted more central banks to study how they could use AI in their daily operations. On the communications front, some central banks are…

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BdF deputy governor softens digital euro regulatory stance

BdF deputy governor softens digital euro regulatory stance

BdF deputy governor softens digital euro regulatory stance – Central Banking End of drawer navigation content Skip to main content Beau says central bank money is safer, more liquid and less volatile than stablecoins A…

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Suptech adoption: strategy and capacity building drives supervisory transformation

Suptech adoption: strategy and capacity building drives supervisory transformation

Michal Piechocki, a founder and chair of the supervisory board at BR–AG, and Anastasia Rudynska, marketing specialist, review the global use of supervisory technology – known as suptech – among central banks for enhanced digital…

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US public disagrees about Fed’s political leanings

US public disagrees about Fed’s political leanings

Trust in the Fed would fall among Democrats if Donald Trump is elected president, the study finds People in the US tend to say the Federal Reserve favours whichever major political party they are not…

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BIS to hand over Project mBridge to central banks

BIS to hand over Project mBridge to central banks

The Bank for International Settlements (BIS) is ending its involvement with Project mBridge, the cross-border wholesale central bank digital currency (CBDC) initiative, BIS general manager Agustín Carstens said on October 31. Led by the BIS…

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‘No compelling case’ for a Eurosystem dot-plot – Nagel

‘No compelling case’ for a Eurosystem dot-plot – Nagel

Deutsche Bundesbank president Joachim Nagel Deutsche Bundesbank president Joachim Nagel sees “no compelling case” for introducing Fed-style dot-plots for the Eurosystem. In a speech at Harvard University on October 28, Nagel said that despite their…

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CBDC design key to maintaining financial stability – IMF paper

CBDC design key to maintaining financial stability – IMF paper

CBDC design key to maintaining financial stability – IMF paper – Central Banking End of drawer navigation content Skip to main content Macro-prudential tools unlikely to be enough to offset risks from issuance of digital…

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Small economies still trigger ‘substantial’ spillovers – IMF paper

Small economies still trigger ‘substantial’ spillovers – IMF paper

Small, open economies can create “substantial” spillovers when setting monetary policy, contrary to standard theory, new research from the International Monetary Fund finds. In a working paper, authors Marijn Bolhuis, Sonali Das and Bella Yao construct…

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Obituary: Tito Mboweni, 1959–2024 – Central Banking

Obituary: Tito Mboweni, 1959–2024 – Central Banking

Tito Mboweni, former governor of the South African Reserve Bank and anti-apartheid campaigner, died on October 12. In a statement, the Sarb said Mboweni had died after a short illness. “Mr Mboweni’s passing is a…

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Central banks should collaborate on cross-border CBDCs – Nagel

Central banks should collaborate on cross-border CBDCs – Nagel

Central banks should collaborate on cross-border CBDCs – Nagel – Central Banking End of drawer navigation content Skip to main content Bundesbank president talks of “historic opportunity” to improve payments and avoid risk Central bank…

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