Tobias Adrian is a Senior Vice President of the Federal Reserve Bank of New York and the Associate Director of Research and Statistics Group. His research covers asset pricing, financial intermediation, and macroeconomics, with a focus on the aggregate implications of capital market developments.
To maintain public trust in the face of economic and financial turbulence, central banks must focus on transparency and accountability, says the IMF.
More than half of central banks or supervisory authorities do not have a national cyber strategy for the financial sector, according to an IMF survey.
Central banks have taken unprecedented measures like hiking interest rates to ease financial conditions and support economic recovery as inflation hits record highs in many countries.
Central banks need to note a key lesson from the high inflation of the 1960s and 1970s – acting too slowly leads to much more painful adjustments later.
New research suggests swapping coal for renewable energy would bring serious economic as well as ecological advantages. Here's how the world might benefit.
Crypto assets are changing the international monetary and financial system, but there is an urgent need for cross-border collaboration to address potential challenges.
With inflationary pressures intensifying and Omicron generating new uncertainties, monetary policymakers are facing new and challenging tradeoffs globally.
El Fondo Monetario Internacional ha advertido que la pandemia corre el riesgo de amplificar aún más las vulnerabilidades financieras preexistentes.
The International Monetary Fund has warned that the pandemic risks further amplifying pre-existing financial vulnerabilities.
Weak spots in the global economy could amplify the impact of a shock, threatening economic growth.
It remains difficult to forecast financial instability. But, progress is being made to improve the understanding of important links between the financial sector and the economy.
If financial conditions remain easy for too long, vulnerabilities will continue to build, and the odds of a sharp drop in economic growth at some later point will be higher.
Banks’ balance sheet leverage has been shrinking, and dealers’ corporate bond holdings have fallen and stagnated (Figure 1). These factors raise potential concerns that dealers have reduc...
The financial system has undergone far-reaching changes since the 2008 Global Crisis. This column casts those changes in terms of shifts in the way financial intermediaries manage their b...
This chart from the IMF looks at banking regulation and supervisory frameworks from 2013 to 2017.
