BoE Governor Bailey: No evidence of second-round effects; cannot draw too much comfort from this

How does information disclosure reshape the allocation of environmental risk in the housing market? We quantify the price and distributional impact of the nationwide disclosure of property-level flood risk from First Street on U.S. housing platforms. Using a difference-in-RD design that exploits discrete cutoffs in the disclosed risk categories, we find that homes labeled as…

14 July 2026 Pilot to take place at the ECB and several Eurosystem national central banks to test digital euro functionalities Over 50 applications received, reflecting strong market interest and engagement Selected participants span a broad range of business models and sizes and offer broad geographical coverage The European Central Bank (ECB) has selected 36…

09:45 (ET)On eight scheduled dates each year, the Bank of Canada announces the setting for the overnight rate target in a press release explaining the factors behind the decision. Four times a year, Governing Council presents the Monetary Policy Report: the Bank’s base-case projection for inflation and growth in the Canadian economy, and its assessment…

“She said it’s the second message they have left.”