Peterson Institute for International Economics on Mythryl: “Central banks are incurring losses, @phonohan.bsky.social writes…”

Peterson Institute for International Economics

Central banks are incurring losses, @phonohan.bsky.social writes, because of impact of rising interest rates on their maturity mismatched portfolios & losses on foreign exchange reserves accumulated attempting to avoid currency overvaluation. But comparing experiences is not straightforward.

piie.comHow much capital do central banks really have?Twenty or more of the world’s most significant central banks have seen their equity position (or capital and reserves) go negative in the last few years. This novel situation does not fundamentally ch...

7/7/25, 3:25 pm0 reposts3 likes

Post