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International pressures on central banks, and more

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International pressures on central banks
By David Marsh
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.

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ECB eyes entry to digital payments space as CBDC takes shape
By John Orchard
‘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.

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Benefits and risks of AI are finally being taken seriously
By Julian Jacobs
Artificial intelligence has captured the public imagination and early evidence suggests that it is starting to bolster productivity growth in some sectors. 

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MEETINGS

Assessing the macroeconomic landscape in Hungary and CEE region
Tuesday 7 November, Live broadcast
This roundtable convenes experts from international financial institutions to evaluate the macroeconomic outlook for Hungary and central and eastern Europe.

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The UK economic outlook
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. 

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LATEST REPORT

The Bulletin, Autumn 2023
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.

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