This Month
- Opinion
- Private equity
Why central banks are in two minds on the private credit boom
The US Fed is not worried about the systemic risks of private credit, but the Bank of England and the ECB are not so sure.
June 2022
- Opinion
- Monetary policy
Who would want to be a central banker right now?
Central banks became enormously powerful after the global financial crisis. Now there are questions on whether they can do what is needed of them.
September 2020
- Opinion
- Monetary policy
Powell may be subtly rewriting central bank history
Central bankers had their 'end of history' moment in the mid-1990s with inflation targeting. Now the paradigm may be moving again.
July 2020
- Opinion
- Coronavirus pandemic
Will COVID-19 kill cash?
In the first month of the crisis cash usage in the UK fell by more than 60 per cent, a trend that has been replicated across the developed world.