Climate and monetary policy series
Boromeus Wanengkirtyo, Francesca Diluiso, Rebecca Mari, Jenny Chan, Ambrogio Cesa-Bianchi and Alex Haberis. Climate change is becoming increasingly important for monetary policy as the world...
View ArticleStable gilts and stable prices: assessing the Bank of England’s response to...
Nicolò Bandera and Jacob Stevens How should the central bank conduct asset purchases to restore market functioning without causing higher inflation? The Bank of England was faced with this question...
View ArticleGIV us some credit: estimating the macroeconomic effects of credit supply shocks
Sam Christie and Aniruddha Rajan Sudden contractions in credit supply can trigger and amplify recessions – a reality made painfully clear by the 2008 global financial crisis (GFC). However,...
View ArticleOnce upon a time in the future: strategic foresight in central banks
Julia Giese and Jacqueline Koay We live in an era of rapid change, complexity and uncertainty. Over recent years, severe global shocks have been frequent, with profound implications for our economy...
View ArticleRegulatory independence and financial stability
Rhiannon Sowerbutts The Bank of England Agenda for Research (BEAR) sets the key areas for new research at the Bank over the coming years. This post is an example of issues considered under the...
View ArticleWho owns the buildings where Britain shops, works – and stores its data?
Katherine Blood We have developed a new measure tracking UK commercial real estate (CRE) ownership at property level, mapping the latest investor landscape at end-2025 Q3 and its shift since the...
View ArticleRetail investors’ participation in the gilt market
Sarah Munson and Callum Ashworth In recent years, retail investors’ demand for UK government bonds (gilts) has increased, marking a change in the composition of market participants. The growth of...
View ArticleDemographics, deposits and data: using machine learning to segment UK mortgages
Joe Grimshaw Who are the UK’s mortgage borrowers, and how do their characteristics differ? Despite extensive literature on mortgage profiles, loan-level segmentation remains limited, existing work...
View ArticleIf AI disappoints? The transmission of US big-tech earnings news
Daniel Ostry, Roger Vicquéry and Emilio Zaratiegui There is growing concern among policymakers, international organisations, and even big-tech Chief Executive Officers (exhibits I, II and III) that...
View ArticleDoes higher productivity create inflationary or disinflationary pressure?
Ludovica Ambrosino, Jenny Chan and Silvana Tenreyro Recent technological advances raise an important question for policymakers: will higher productivity lead to disinflationary or inflationary...
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