The last few years have been tough for adherents of the doctrine that central bank independence is crucial for maintaining stable prices. The 2007-08 financial crisis, the Covid-19 outbreak and now the war between Russia and Ukraine have complicated the task.
‘Successful, but not too successful,’ was Ulrich Bindseil’s summary of how a digital euro would strike the public-private trade-offs bedevilling central bank digital currency units.
Artificial intelligence has captured the public imagination and early evidence suggests that it is starting to bolster productivity growth in some sectors.
This roundtable convenes experts from international financial institutions to evaluate the macroeconomic outlook for Hungary and central and eastern Europe.
Ahead of the Bank of England’s monetary policy committee meeting in November, Chief Economist Huw Pill discussed the economic situation and monetary policy implementation in the UK.
This edition of the Bulletin examines the impact of artificial intelligence on economic growth, labour markets and security considerations. It features contributions from experts in economics, policy and safety.