The Bank for International Settlements (BIS) is an international financial institution that promotes cooperation among central banks and other agencies in pursuit of monetary and financial stability. Established in 1930, the BIS coordinates global financial policy and serves as a hub for central bank cooperation.
An international bank based in Basel, the Bank for International Settlements was founded in 1930 to manage post-World War I reparations. Its evolving role now includes setting capital adequacy ratios and serving as a forum for central banks.
Bank regulation involves the application of public controls stricter than those on other businesses, justified by concerns that bank failures may disrupt the economy more severely than other business failures.
A comprehensive analysis of Bank Run, its historical context, causes, effects, and measures to prevent it. Explore the intricacies of financial crises and systemic risks associated with bank runs.
An in-depth exploration of the Banking System, its history, types, functions, significance, and impact on the economy.
The benchmark interest rate is a standard interest rate set by central banks or financial authorities that serves as a reference point for determining other interest rates. It influences various economic activities and financial instruments, including loans, mortgages, and bond yields.
An in-depth look into bullion, primarily gold held in bulk, its significance in global finance, types, historical context, and its role in central banking.
Central banks are key financial institutions that manage a country's currency, money supply, and interest rates. Unlike commercial banks, their primary role involves formulating monetary policy to ensure economic stability.
Clearing is the system for settling payments due from one bank to another, optimizing the transfer of funds to facilitate interbank transactions.
A comprehensive guide on the Committee on Payments and Market Infrastructure, its historical context, roles, importance, and impact on global financial systems.
Dovish policy makers prioritize economic growth and reducing unemployment over controlling inflation. Learn more about dovish monetary policy, key indicators, and historical impacts.
An exploration of the floating exchange rate system, where currency values are determined by market forces, along with historical context, key events, types, models, importance, and applications.
Foreign Exchange Control refers to the regulation imposed by governments or central banks on the purchase, sale, and movement of foreign currencies. It aims to stabilize the economy, control inflation, manage balance of payments, and prevent capital flight.
A comprehensive exploration of Forward Guidance, a monetary policy tool employed by central banks to communicate their future policy intentions.
An in-depth exploration of the Group of Ten, its history, functions, and impact on the global economy.
An in-depth look into the International Monetary System, including its structure, historical context, key events, and importance.
An in-depth examination of central bank actions to influence exchange rates, including historical context, types, key events, and practical applications in global finance.
Understanding Loose Monetary Policy: Its role, mechanisms, impacts, and related concepts.
An in-depth look into managed currencies, where governments and central banks intervene in foreign exchange markets to influence the value of their national currency.
A comprehensive exploration of monetary policy, its tools, historical context, types, and significance in macroeconomic regulation.
An objective of economic policy aimed at avoiding both prolonged inflation and deflation, maintaining a stable rate of increase or decrease in an aggregate price index within tolerable limits.
Quantitative Easing (QE) is a monetary policy tool used by central banks to inject money into the economy by purchasing government securities and other financial assets. This practice is aimed at increasing the money supply, enhancing liquidity, and stimulating economic growth, particularly when traditional monetary policy becomes ineffective due to low-interest rates.
An in-depth exploration of the Red Book, a periodically revised publication of the Bank for International Settlements, detailing payment and settlement systems of the member central banks of the Committee on Payments and Market Infrastructure.
Understanding the Repo Rate: Its Definition, Calculation, Impact, and Relevance in Monetary Policy
An in-depth look at reserve assets, their types, historical context, importance in economics, and the management by central banks and financial institutions.
A comprehensive examination of single currency systems, their historical context, types, key events, mathematical models, and their importance and applicability in economics and finance.
An arrangement by central banks to lend one another reserves if necessary to resist speculative pressure on their exchange rates.
The attempt to bring down the value of an economic variable through persuasion by the authorities.
Traditional monetary policy involves adjusting short-term interest rates to influence economic activity. It is often supplemented by quantitative easing (QE) in environments where interest rates are near zero.
An in-depth examination of international reserves, their types, roles, historical development, and impact on global finance.
An explanation of how central banks maintain their currency exchange rates within an acceptable range by buying and selling currency.
An in-depth exploration of bank reserves, including their definition, purpose, different types, regulatory requirements, and their impact on the economy.
A comprehensive exploration of foreign exchange reserves, detailing their definition, purpose, types, historical context, and relevance in global economics.
A comprehensive guide to understanding a negative interest rate environment, including its definition, impacts on the economy, historical examples, and more.
An in-depth exploration of non-standard monetary policy, including its definition, types, examples, historical context, and its implications for the economy.
An in-depth exploration of official settlement accounts, detailing their definition, function, mechanisms, and the role they play in tracking central banks' reserve asset transactions.
Detailed examination of unsterilized foreign exchange interventions, their mechanisms, implications for exchange rates and money supply, historical context, and practical examples in economic policy.
Explore the concept of a reserve currency, its significance in global finance, and the historical and contemporary role of the U.S. Dollar as the dominant reserve currency.
Zero-Bound is an expansionary monetary policy tool utilized by central banks to stimulate economic growth by lowering short-term interest rates to zero or near-zero levels. Discover its definition, objectives, functioning, and real-world applications.
A detailed exploration of the zero-bound interest rate, its historical context, and its implications for economic crisis management. Learn about how central banks navigate this challenging economic territory.
