Federico Pessina, Maren Froemel and Ivan Yotzov
Understanding inflation expectations is key for monetary policy makers and has been central to the policy debate...
Eduardo Maqui, Nicholas Vause and Márcia Silva-Pereira
In recent decades, the corporate bond market has grown from a relatively niche source of finance for...
Manuel Gloria and Chiara Punzo
The expansion of non-bank financial institutions (NBFIs) is transforming the financial landscape and introducing fresh challenges for financial stability...
Matthieu Chavaz, David Elliott and Win Monroe
Large-scale provision of long-term funding to banks has become a central bank tool to support credit supply...
Giovanni Covi and Tihana Škrinjarić
The ability of the banking system to absorb shocks and continue providing vital financial services is important because it...