This paper offers a comprehensive analysis of the implications for financial stability of a central bank issuing a digital currency to the public at large. We start with a systematic analysis of ...

Part of the job of company management is to foresee future risks that may impact their business. Given the Silicon Valley Bank closure in mid-March 2023, the risk of a bank closure impacting your ...

A textbook argument in favor of adopting another country’s legal tender is that it imposes strong constraints on money creation and therefore fiscal dominance. In Ecuador, an officially dollarized ...

The Federal Reserve's large pile of paper losses isn't going away anytime soon, especially with inflation concerns back on the radar and investors openly wondering if further rate cuts are even ...

MUMBAI: The financial position of the banks has stayed robust, marked by the sustained expansion in assets and also liabilities/deposits, while their continuing focus on cleaning up their books has ...

WASHINGTON, March 22 (Reuters) - Historic Federal Reserve lending to banks in the wake of Silicon Valley Bank’s collapse punched a huge hole in its effort to shrink the size of its balance sheet, ...

The paper draws on the ideas in our (Rajan and coauthors Rahul Chauhan and Sascha Steffens) theory paper. It finds that when the Federal Reserve expanded its balance sheet via large-scale asset ...

NEW YORK (Reuters) -Federal Reserve Governor Christopher Waller said on Thursday the U.S. central bank still has some ways to go in shrinking the size of its holdings, in comments that offered a ...

The recent rally in real estate prices – particularly in the UK – has disguised the fact that these assets still present a big problem for many bank balance sheets. According to CBRE, UK commercial ...

(Reuters) -Federal Reserve Governor Stephen Miran said on Wednesday that easing financial firms' regulatory burden could allow the U.S. central bank to shrink the size of its balance sheet again in ...