Statistical Notice 2026/05 - Implementation of Bank of England Statistics Taxonomy v1.3.1
Statistical Notices update the definitions and guidance contained in the Banking Statistics Yellow Folder
Inflation and immigration fears threaten to dampen Miami’s economic benefits from the World Cup
U.S. host cities are concerned that predictions for attendance and spending at the 2026 World Cup may not materialize. DeFodi Images/DeFodi Images via Getty ImagesWhen the U.S. last hosted the World Cup in 1994, the event drew unexpectedly large crowds.
When private equity firms buy mobile home parks, rent increases leave residents with few affordable options in rural areas
Although they're often called 'mobile,' it's hard and costly to relocate manufactured homes. Julia Robertson/Photodisc via Getty ImagesRoughly 20 million Americans live in manufactured houses, which are homes made in factories.
A new reuse symbol aims to be as recognisable as the recycling logo – and make more of a difference
New reuse networks will include collection points like this. Rebrand Reuse, CC BY-NC-NDA new universal symbol for reuse aims to encourage the switch from single-use to reusable packaging and the development of a more integrated reuse systems worldwide.
Herding in the foreign exchange market
Using a recent and comprehensive data set covering nine of the most actively traded currencies on a monthly basis from 1995 to 2024, this paper explores the presence and potential drivers of herding behaviour in foreign exchange rate forecasts. The dataset features an average of 40–50 forecasters per currency, representing a broader range of currencies, a longer time frame, and a larger cross section of forecasters than is commonly found in the FX herding literature.
Fiscal policy transmission through production networks with heterogeneous households
We study how sector-specific fiscal policy propagates in an economy with heterogeneous households and production networks. We develop a multisector New Keynesian model in which input-output linkages interact with differences in households’ marginal propensities to consume (MPCs). We show that fiscal multipliers depend on sectors’ positions in the production network, as network linkages reallocate income across households with heterogeneous consumption responses.
Public asked to help select UK wildlife to appear on new banknote series
The public are being asked to give their views on a selection of wildlife, native to the UK, that will appear on the next series of banknotes in a consultation launched today.
FEDS Paper: The Fragility of Perfectly Safe Digital Money
Elizabeth C. Klee, Arazi Lubis, Chase P. Ross, Sharon Y. Ross, and Alexandros P. VardoulakisDigital money differs from previous forms of money in an important way: it unbundles trust.
Hybrid work is not always the golden compromise employees expect – even as more companies implement it
Hybrid work can create unexpected problems and less certainty to workers' routines than if they go either fully remote or fully in-office. LYCS Architecture on Unsplash, CC BYA truce of sorts has quelled the return-to-office wars that have raged in the post-pandemic workplace.
FEDS Paper: Double Inertia, Taylor Rules, and Monetary Policy Gradualism
Edmund Crawley, William Goodwin, Margaret M. Jacobson, and Fabian WinklerIn recent decades, an empirically estimated double-inertial rule fits the path of changes in the federal funds rate better than a standard inertial Taylor rule. Inertial Taylor rules aim to capture monetary policy gradualism via slow adjustments in the level of the policy rate.
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