In response to the economy-crippling stagflationary era of the 1970s, the two percent inflation target was adopted by many central banks as a means of preserving purchasing power. But what are the implications of raising this target?

What began as a dream to wrestle control away from the state is becoming a model of adoption for the central banks that, once wary of digital currencies, are now learning to love them

Several governments, including the US, Italy and Iceland, have imposed emergency fiscal measures to limit the impact of the coronavirus

The use of public funds to bail out banks in the wake of the 2008 financial crisis caused significant widespread resentment. The next phase of the EU’s banking union intends to prevent the situation from reoccurring

A new report from the US Federal Reserve has flagged business debt as one of the largest risks to the national economy

His recent election victory has given Shinzo Abe a solid backing to press on with his drastic economic programme. But what has Abenomics achieved, and what challenges remain for Japan?

While the Bank of Canada is yet to be convinced of the benefits of introducing its own cryptocurrency, other central banks may be swayed

The Bank of Korea has increased its benchmark interest rate for the first time since 2011. The move is a sign of confidence in the country’s ongoing recovery

The Bank of Mexico has appointed Alejandro Díaz de León as its new head. He will be tasked with reducing inflation to meet the bank’s three percent target

A report by the Bank for International Settlements has warned that central bank-issued cryptocurrencies like Fedcoin or Ekrona could cause bank runs and challenge business models

The South African central bank has argued in a high court filing that suggested mandate changes would undermine the bank’s financial stability and independence

The US Federal Reserve has raised its key interest rate to a range of one to 1.25 percent, marking the second increase this year

Months of tough negotiations have been concluded with a fresh agreement that could pave the way for debt relief measures

A report published by the IMF has warned the credit fundamentals of US firms have deteriorated to levels seen prior to the global financial crisis

With two new appointments, Abe now boasts a complete set of nine Bank of Japan board members, all of whom support his reflationary policies