Central Banks: News, Events, and Press Releases

Minutes of the Meeting of the Court of Directors held on 7 February and 4 March 2024

The Bank's Court of Directors acts as a unitary board, setting the organisation's strategy and budget and taking key decisions on resourcing and appointments. Required to meet a minimum seven times per year, it has five executive members from the Bank and up to nine non-executive members.

Isabel Schnabel: The state contingency of monetary policy transmission

Statistical Notice 2024/08

Statistical Notices update the definitions and guidance contained in the Banking Statistics Yellow Folder

Piero Cipollone: Innovation, integration and independence: taking the Single Euro Payments Area to the next level

Luis de Guindos: Interview with Le Monde

Christine Lagarde: IMFC Statement

Improved data: how climate change impacts banks

Isabel Schnabel: The future of inflation (forecast) targeting

ECB confirms remuneration ceiling for euro area government deposits and adjusts remuneration of other non-monetary policy deposits

Clare Lombardelli's CV and questionnaire for the Treasury Select Committee

Published for the Treasury Select Committee hearing on 16 April 2024

New paper on a framework for assessing the economic and fiscal impacts of climate change

The Treasury has published today a new Analytical Note co-authored by Melanie Craxton, Bettina Schaer, Tim Maddock and Carly Soo, Assessing the economic and fiscal impacts of climate change in New Zealand: a new framework to support deeper understanding.

Forecasting for Monetary Policy making and communication: A Review

The Review provides a thorough assessment of the Bank’s current forecasting approach, and the relationship between the forecast, monetary policy decisions, and their communication.

Frank Elderson: “Know thyself” – avoiding policy mistakes in light of the prevailing climate science

Minutes of the Federal Open Market Committee, March 19-20, 2024

Minutes of the Federal Open Market Committee, March 19-20, 2024

The Bank of England appoints Ernst and Young as its external auditor

The Bank of England has appointed Ernst and Young LLP (EY) as its external auditor from the financial year ending 28 February 2025.

Federal Reserve Board issues enforcement actions with Mode Eleven Bancorp, Steele Bancshares, Inc., and American State Bank

Federal Reserve Board issues enforcement actions with Mode Eleven Bancorp, Steele Bancshares, Inc., and American State Bank

Minutes of the CBDC Technology Forum - January 2024

Meeting of the CBDC Technology Forum

The Bank of England and the FCA issue joint consultation and draft guidance on the Digital Securities Sandbox

The Bank of England and Financial Conduct Authority are consulting on their proposed approach to operating the Digital Securities Sandbox (DSS).

Federal Reserve Board accepting applications for its Community Advisory Council

Federal Reserve Board accepting applications for its Community Advisory Council

Payments systems Memorandum of Understanding

Bank of England, PRA, FCA and PSR review Memorandum of Understanding in relation to payment systems in the UK

Federal Reserve Board releases annual audited financial statements

Federal Reserve Board releases annual audited financial statements

Who buys bonds now? How markets deal with a smaller Eurosystem balance sheet

Exchange of letters between the Governor and the Chancellor regarding CPI Inflation - March 2024

Exchange of letters between the Governor and the Chancellor

Federal Reserve Board and Federal Open Market Committee release economic projections from the March 19-20 FOMC meeting

Federal Reserve Board and Federal Open Market Committee release economic projections from the March 19-20 FOMC meeting

New PRA Rulebook website

The new PRA Rulebook website will be launched on Wednesday 10 April 2024

New paper examines carbon price impacts on the cost of living

The Treasury has published today a new Analytical Note by Cory Davis, Boston Hart and Benjamin Stubbing, Household cost-of-living impacts from the Emissions Trading Scheme and using transfers to mitigate regressive outcomes.

Federal Reserve Board issues enforcement action against JPMorgan Chase & Co. and fines the firm approximately $98.2 million for an inadequate program to monitor firm and client trading activities for market misconduct

Federal Reserve Board issues enforcement action against JPMorgan Chase & Co. and fines the firm approximately $98.2 million for an inadequate program to monitor firm and client trading activities for market misconduct

Agencies take temporary action on appraisal requirements in area affected by Hawaii wildfires

Agencies take temporary action on appraisal requirements in area affected by Hawaii wildfires

Minutes of the London FXJSC Operations Sub-committee Meeting – 22 November 2023

The Bank of England chairs the London Foreign Exchange Joint Standing Committee (FXJSC) Legal Sub-Committee. The FXJSC is made up of market participants, infrastructure providers and the UK financial regulators.

Minutes of the London FXJSC Main Committee Meeting - 29 November 2023

The Bank of England chairs the London Foreign Exchange Joint Standing Committee (FXJSC), which is a forum for discussion of the wholesale foreign exchange market. The FXJSC is made up of market participants, infrastructure providers and the UK financial regulators.

Interim Financial Statements of the Government of New Zealand for the seven months ended 31 January 2024

The Treasury has published the Interim Financial Statements of the Government of New Zealand for the seven months ended 31 January 2024.

Agencies host 2024 National Interagency Community Reinvestment Conference

Agencies host 2024 National Interagency Community Reinvestment Conference

Clare Lombardelli appointed as Deputy Governor for Monetary Policy at the Bank of England

Clare will take up her role at the Bank of England on 1 July 2024, after the appointment was approved by His Majesty The King.

Minutes of the Board's discount rate meetings on January 22 and January 31, 2024

Minutes of the Board's discount rate meetings on January 22 and January 31, 2024

Foreign Currency Reserves 2024 - Market Notice 26 February 2024

Not for distribution, directly or indirectly, in or into the United States, Canada, Australia or Japan

ETF approval for bitcoin – the naked emperor’s new clothes

Court minutes from 2021 that were previously redacted

The Bank's Court of Directors acts as a unitary board, setting the organisation's strategy and budget and taking key decisions on resourcing and appointments. Required to meet a minimum seven times per year, it has five executive members from the Bank and up to nine non-executive members.

Agencies issue 2023 Shared National Credit Program report

Agencies issue 2023 Shared National Credit Program report

Interim Financial Statements of the Government of New Zealand for the six months ended 31 December 2023

The Treasury has published the Interim Financial Statements of the Government of New Zealand for the six months ended 31 December 2023.

Added Scope: Eurosystem accepts a fifth rating agency

Piero Cipollone, Philip R. Lane, Isabel Schnabel: Learning from crises: our new framework for euro liquidity lines

Guardians of New Zealand Superannuation independent reviewer appointed

Following the Treasury’s Request for Proposal to execute the one-in-five year statutory review of the Guardians of New Zealand Superannuation (the Guardians), the Minister of Finance (MoF) has approved the appointment of Willis Towers Watson to conduct the review. The Treasury conducted a thorough evaluation process which considered a number of high-quality proposals.

Christine Lagarde: Euro at 25: the value of unity in a changing world

Climate risks, the macroprudential view

Interim Financial Statements of the Government of New Zealand for the four months ended 31 October 2023

The Treasury has published the Interim Financial Statements of the Government of New Zealand for the four months ended 31 October 2023.

How do higher interest rates help to lower inflation?

Interest rates and inflation are closely linked. Higher rates will help to bring down inflation. But how exactly?

What is the digital pound?

The digital pound would be a new type of money issued by the Bank of England alongside cash.

What is CBDC?

CBDC stands for central bank digital currency. It’s digital money a country’s central bank can issue alongside cash. If we introduced one, we’d call it the digital pound.

Why are interest rates high and when might they fall?

We increased interest rates to slow down inflation. We won't be able to cut interest rates until we're confident that inflation will settle at 2%.

When will we get back to low inflation?

Inflation could fall to our 2% target in the next few months, before rising slightly again. We will keep interest rates high for long enough, so inflation settles at 2%.

What are negative interest rates, and how would they affect me?

In some countries, interest rates are negative (below zero). Why is that and what would it mean if that happened in the UK?

What have we been doing to support the economy during the Covid crisis?

The Covid (coronavirus) pandemic shook the UK’s economy. We’ve been helping to keep it stable by supporting businesses and jobs.

What is the economy?

The economy is a system for distributing limited resources. Confused? Keep reading.

Will a robot takeover my job?

What will the future of work mean for you?

What do I need to know about debt?

Learn more about debt and see how yours compares to the rest of the UK.

What are cryptoassets (cryptocurrencies)?

Cryptoassets are generally held as investments by people who expect their value to rise.

What is financial stability?

A stable financial system is one that can provide essential services to households and businesses in good times and bad.

What does insurance cover?

Insurance provides protection against financial loss for people and companies.

What are interest rates?

Interest is the cost of borrowing money or the reward for saving.

What is deflation?

Falling prices aren’t always the bargain you would hope.

2024-03-04 - Annual result of the Swiss National Bank for 2023

2024-03-19 - Publication of 2023 Annual Report

2024-03-22 - Swiss balance of payments and international investment position: 2023 and Q4 2023

2024-04-16 - New data portal for Swiss National Bank

2023-12-05 - Issuance calendar for Confederation bonds and money market debt register claims in 2024

2023-12-15 - Direct Investment, 2022 edition

2023-12-21 - Promotions at the Swiss National Bank

2024-01-09 - Annual loss and negative distribution reserve of the Swiss National Bank preclude profit distribution

2024-02-23 - Results of the Payment Methods Survey of Companies in Switzerland 2023

2024-04-23 - Interim results of the Swiss National Bank as at 31 March 2024