Lower yields on domestic government bonds are associated with pension funds shifting to mutual fund shares, equities, and foreign assets https://t.co/mUXxDqQNQR
#BISPaper
Pension funds worldwide have shifted from holding debt securities towards holding mutual fund shares and other potentially riskier assets https://t.co/mUXxDqQNQR
#BISPaper
Stablecoins pose risks for their holders and for the financial system. New research shows that both liquidity and capital thresholds are needed to mitigate these risks. It also illustrates how to calibrate these thresholds to meet regulatory objectives.
https://t.co/YImgXzY1IL
How do households react to monetary policy news? Results of a large-scale survey show that households curb spending after interest rate hikes. But transmission channels are different from standard theory, underscoring the role of #InflationExpectations
https://t.co/cF4uMOQtoZ
In Q4 2025, real house prices recorded positive year-on-year increases in the large majority of advanced and emerging market economies. However, sharp price declines in a few large economies continued to drag down global aggregate figures. Read more: https://t.co/xZJ0RGk2x5
Survey information and recent data show that activity and expectations explain most inflation moves in China, highlighting their importance for the monetary policy stance #China#Inflation#MonetaryPolicy https://t.co/NRZ0XgxwFR
Project Agorá prototype illustrates the potential of #tokenisation to modernise wholesale cross-border payments, ensuring greater efficiency, security, and inclusivity in the global financial system. Read more https://t.co/qEVF3j9Ed5
In Q4 2025, aggregated global house prices deflated by consumer prices declined by 0.6% from Q4 2024. While real house prices have now started to pick up somewhat in advanced economies, emerging market economies faced a fourth consecutive year of decline https://t.co/xZJ0RGk2x5
Do creditors reward safer banks with cheaper funding? The Liquidity Coverage Ratio, which forced banks to raise their share of liquid assets, materially lowered banks’ wholesale funding costs, especially at longer maturities https://t.co/o4M7MDSfFb
The BIS provides extensive residential and commercial property price data sets, helping analysts and policymakers to better understand developments across jurisdictions and over time.
Watch the video and explore our data sets on the BIS Data Portal: https://t.co/sOkoYm62T2
Cyber risk is a growing threat to financial stability. The ECB’s cyber resilience stress test shows that supervisory scrutiny can boost banks’ cyber security investment, even without capital penalties or public disclosure. https://t.co/likNpd2gLv #CyberRisk#Banking
#Liquidity is the lifeblood of #SupplyChains, enabling firms to make timely payments without waiting for cash inflows. How do changes in #MoneyElasticity affect firms and the economy? Explore our latest #BIS working paper: https://t.co/XflbXsTHjD
Central bank framework reviews have gained increasing prominence in recent years. But how do private agents learn new monetary policy strategies, especially amid significant inflationary and deflationary shocks? https://t.co/vyezhShMDn
A new euro area-specific index of geopolitical risk indicates that geopolitical shocks are stagflationary for the euro area. Scenario analysis shows that the euro area economic outlook is highly sensitive to future geopolitical risk developments. https://t.co/2k8qOFkf5S
Correction: Kazuo Ueda, Governor of the @Bank_of_Japan_e, was appointed Chair of the Committee on the Global Financial System (CGFS) for three years, not two
Kazuo Ueda, Governor of the @Bank_of_Japan_e, was appointed Chair of the Committee on the Global Financial System for two years
https://t.co/ZpzDOySrmr
By ending 250 years of silver shipments from Latin America to Europe and Asia, the Battle of Trafalgar reshaped the international monetary system. New working paper: https://t.co/yZVXqcg2nC
New research across 113 economies (1990–2022) links policy rate hikes to higher bank credit losses. On average, a 1 percentage point rate hike lifts loss rates by about 0.1 percentage points over 3-5 years – much more when multiple headwinds coincide https://t.co/ll0Og9ilnk