BoE’s new policy sets its course for a digital futureIncreasing access to central bank deposits can help foster competitionDoing ‘whatever it takes’ to sustain the eurozoneMario Draghi’s successor at the ECB will need to handle the next existential crisisNegative interest rates take investors into surreal territoryThe markets are vulnerable to potential nasty losses if rates suddenly shoot upFacebook enters dangerous waters with Libra cryptocurrencyAt worst, this might lead to a world dominated by a mono-bankInvestors should expect central banks to do the unexpectedModern monetary theory may seem unlikely now but things can change quicklyCentral banks could issue digital currenciesLetter from Stephen Hazell-Smith, Penshurst, Kent, UK
BoE’s new policy sets its course for a digital futureIncreasing access to central bank deposits can help foster competitionDoing ‘whatever it takes’ to sustain the eurozoneMario Draghi’s successor at the ECB will need to handle the next existential crisisNegative interest rates take investors into surreal territoryThe markets are vulnerable to potential nasty losses if rates suddenly shoot upFacebook enters dangerous waters with Libra cryptocurrencyAt worst, this might lead to a world dominated by a mono-bankInvestors should expect central banks to do the unexpectedModern monetary theory may seem unlikely now but things can change quicklyCentral banks could issue digital currenciesLetter from Stephen Hazell-Smith, Penshurst, Kent, UK