Webinar on the importance of central bank balance sheets

To promote the Masters Degree in Central Banking and Financial Regulation, from the Unversity of Warwick co-sponsored by the Bank of England. We will be holding a webinar on 20th May 2020.

Central bank balance sheets are not well understood – but not only do they define the central bank, they are the most powerful weapon in it’s armoury.

It’s balance sheet enables a central bank to set interest rates, issue bank notes, act as lender of last resort, underpin the banking payments system and control the supply of base money.

In the context of Covid-19, it is the CB balance sheet that is being used to support the real economy, through monetary expansion and the supply of cheap credit. This has echoes for the policy support during the Great Financial Crisis and the sluggish recovery.

If you have questions about what central banks are doing, this is the time and place to ask.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s