BoE’s new research agenda adds focus on balance sheet

Three-year plan responds to inflation surge, market turmoil and changed mandates

Bank of England

The Bank of England (BoE) has included a focus on the size and composition of its balance sheet in its new research agenda.

The updated agenda, published on January 7, shifts the focus relative to the previous version, published in 2020. The five key topics are now the macroeconomic environment, the financial system, the prudential architecture, “the interconnected world” and the central bank balance sheet.

Although the balance sheet was mentioned in the bank’s previous agenda, it now constitutes

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