In this interactive session, we will discuss ‘the importance of central bank balance sheets’. In addressing that, we will find out, amongst other things, why central banks the world over have the powers they do to set interest rates and conduct QE, to issue banknotes, and to act as Lender of Last Resort to the banking system. Paul will also be covering the Central Bank policy response to Covid-19.
Paul had a distinguished career as a central banker over 26 years, serving on many senior decision-making committees at the Bank of England. He has written extensively on central bank operations, monetary policy, financial markets, sustainable finance and modelling of the UK economy. He achieved an MA in economics (1983) and a PhD in macroeconomic modelling (1990), both from the University of Warwick.
This session will give you a taster of what you will be learning on our Global Central Banking and Financial Regulation MSc, while giving you the opportunity to ask questions to us and engage with fellow attendees in our wbsLive classroom.