Beware China’s attempt to erode central bank independence By Herbert Poenisch China has proposed amendments to the 1995 law granting its central bank independence from the government, which would subject the financial system…
BIS turns to blockchain to drive a new type of green bond By Lewis McLellan Blockchain, thanks to bitcoin’s proof of work consensus mechanism, does not have the best reputation…
US inflation and considerations for public investors in 2021 Monday 24 May 2021 – Vol.12 Ed.21.1 Commentary: 2021 inflation is legacy of 2008 By Pierre Ortlieb in London Jim Bullard,…
How do central banks invest? Embracing risk in official reserves After a decade of unconventional monetary policy, one could be forgiven for confusion around central bank investment patterns. This report is…