Most Recent Banking News

Central bank balance sheet policies and the market for reserves – Bank Underground

Central bank balance sheet policies and the market for reserves – Bank Underground

Michael Kumhof and Mauricio Salgado-Moreno While ‘unconventional’ balance-sheet policies like quantitative easing (QE) and quantitative tightening (QT) appear to have...

  • 69
Caring for the ‘future’ – Bank Underground

Caring for the ‘future’ – Bank Underground

David Glanville and Arif Merali Short term interest rate (STIR) futures are the bedrock of interest rate markets, used to...

  • 77
Monetary policy in a gas-TANK – Bank Underground

Monetary policy in a gas-TANK – Bank Underground

Jenny Chan, Sebastian Diz and Derrick Kanngiesser In recent years, increases in global energy prices have posed significant challenges for...

  • 88
What caused the LDI crisis? – Bank Underground

What caused the LDI crisis? – Bank Underground

Gabor Pinter, Emil Siriwardane and Danny Walker In September 2022 the interest rate on UK gilts rose by over 100...

  • 93
DWP To Check Bank Accounts

DWP To Check Bank Accounts

The Department for Work and Pensions (DWP) oversees benefits and pensions in the UK. As part of their oversight and...

  • 146
Why has my account been blocked? Your questions answered

Why has my account been blocked? Your questions answered

Imagine having all your shopping at the checkout, rushing to pay and get home, only to find out your account...

  • 138
how did gilt futures behave in the LDI crisis? – Bank Underground

how did gilt futures behave in the LDI crisis? – Bank Underground

Joel Mundy and Matt Roberts-Sklar When markets are volatile, liquidity tends to worsen. This makes it harder to intermediate buyers...

  • 86
Forecast accuracy and efficiency at the Bank of England – and how forecast errors can be leveraged to do better – Bank Underground

Forecast accuracy and efficiency at the Bank of England – and how forecast errors can be leveraged to do better – Bank Underground

Derrick Kanngiesser and Tim Willems This post describes a systematic way for central banks to employ past forecasts (and associated...

  • 76
Using sectoral data to estimate the trend in aggregate wage growth – Bank Underground

Using sectoral data to estimate the trend in aggregate wage growth – Bank Underground

Tomas Key Nominal wage growth has increased markedly in the UK in recent years, reaching levels that haven’t been seen...

  • 112
‘No one length fits all’ – haircuts in the repo market – Bank Underground

‘No one length fits all’ – haircuts in the repo market – Bank Underground

Miruna-Daniela Ivan, Joshua Lillis, Eduardo Maqui and Carlos Cañon Salazar Funding markets are crucial for healthy and active financial institutions,...

  • 83