Financial markets point to very data-dependent monetary policy – Bank Underground
Banking

Financial markets point to very data-dependent monetary policy – Bank Underground

May 24, 2026

Nades Raviraj and Danny Walker Big and uncertain shocks have pushed UK inflation above the 2% inflation target over the past few years. How did financial markets view the Monetary...

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Agentic commerce and the battleground for new payments infrastructure – Bank Underground
Banking

Agentic commerce and the battleground for new payments infrastructure – Bank Underground

May 22, 2026

Prem Munday Agentic commerce, where artificial intelligence (AI) systems act on behalf of users to find products, negotiate purchases, and execute payments, is developing rapidly. This creates shared responsibility: developers...

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Climate change increases bilateral trade costs (through its impact on maritime shipping) – Bank Underground
Banking

Climate change increases bilateral trade costs (through its impact on maritime shipping) – Bank Underground

May 19, 2026

Maximilian Huppertz It is well established that climate change affects productivity, but its effects on trade costs have not been studied. Ignoring these and focusing solely on productivity could lead...

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