In its last report about Big tech in finance, the Bank of International Settlements (BIS) warns about the risk of a “digital monopoly” of tech companies which own their clients´ information for free.
J.L.M. Campuzano (Spanish Banking Association) | The central banks really need some new arguments for extending their current expansionary monetary policy. As well as for not withdrawing some of the existing measures. The alternative is to get carried away.
PARIS | May 5, 2015 | By Franceso Saraceno and Paul Hubert | We subscribe to Krugman’s view that financial stability should be targeted by combining macro- and micro-prudential policies, and that inflation targeting is largely insufficient.
BBVA Research | March 30, 2015 | The TLAC’s public consultation period ended on 2nd February. Now is the time for carrying out a comprehensive Quantitative Impact Study (QIS) to define the optimal calibration of the TLAC. The FSB will assess the potential impacts on financial system, financial stability and the real economy.
SAO PAULO | By Marcus Nunes via Historinhas | It’s in the nature of the” widely held” IMF to have an upward bias in its forecasts, just as it is very hard for the CEO of a widely held group to go to the shareholders meeting to present dire forecasts.
SAO PAULO | By Marcus Nunes via Historinhas | Even in Sweden, where 4 years ago the Riksbank decided there was “too much debt” and raised rates to “calm people down”. That, as we know, ended in grief and with the head honcho being outvoted (first time that happens) in the last policy committee meeting, when the policy rate was lowered by 50 basis points to 0.25%.