Agentic commerce and the battleground for new payments infrastructure – Bank Underground
Prem Munday
Agentic commerce, where artificial intelligence (AI) systems act on behalf of users to find products, negotiate purchases, and execute payments, is developing...
Financial markets point to very data-dependent monetary policy – Bank Underground
Nades Raviraj and Danny Walker
Big and uncertain shocks have pushed UK inflation above the 2% inflation target over the past few years. How...
Climate change increases bilateral trade costs (through its impact on maritime shipping) – Bank Underground
Maximilian Huppertz
It is well established that climate change affects productivity, but its effects on trade costs have not been studied. Ignoring these and...
housing and inflation expectations – Bank Underground
Vedanta Dhamija, Ricardo Nunes and Roshni Tara
Inflation has been widely discussed in recent years, from supermarket aisles to newspapers. But what if what people...
Opening the floodgates? Modelling spillovers from flood insurance protection gaps to UK mortgages – Bank Underground
Will Banks and Kemal Erçevik
When extreme weather hits, households typically turn to insurers to cushion the financial blow. But rising temperatures and greater...
Money talks, broadly speaking – Bank Underground
Aaron Clements-Partridge and Ryland Thomas
Broad money aggregates failed policymakers when used as an intermediate target in the 1980s, but they appeared to predict...