Latest / Monetary Policy Explained with Fexingo: Central Banks, Money Supply, and Interest Rates
Why Central Banks Care About Your Online Shopping Habits
Central banks are increasingly using real-time payment data to understand the economy as it happens. In this episode, Lucas and Luna explore how transaction data from payment networks like Visa and Mastercard helps central banks track consumer spending with unprecedented speed and granularity. They discuss the shift from traditional surveys to 'big data' economics, the potential for privacy concerns, and what this means for monetary policy decisions. With specific examples from the Bank of England and the Federal Reserve, they unpack how this new data source is changing the way…
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