About the IFC
The Irving Fisher Committee on Central Bank Statistics (IFC) is a forum of central bank economists and statisticians, as well as others who want to participate in discussing statistical issues of interest to central banks. The IFC is established and governed by the international central banking community and operates under the auspices of the Bank for International Settlements (BIS). It is associated with the International Statistical Institute (ISI) and is a member of the International Association for Official Statistics (IAOS).
Pablo Garcia, Vice Governor of the Central Bank of Chile, is the Chair of the Irving Fisher Committee on Central Bank Statistics (IFC). He was appointed for a three-year period, starting on 12 September 2022. His biography is available here.
As part of its mission to serve as a forum for central banks on statistical issues, the IFC gathered statistical initiatives developed in response to the global Covid-19 outbreak. (last update: July 2023)
The central bank network on Historical Monetary and Financial Statistics (HMFS)
The central bank network on Historical Monetary and Financial Statistics (HMFS) brings together central bank statisticians and academic experts to focus on policy relevant long-run historic monetary and financial data.
Recent activities and publications
| October 2023 |
IFC Bulletin no 59 on Data science in central banking: applications and tools |
| June 2023 |
IFC Bulletin no 58 on Post-pandemic landscape for central bank statistics |
| March 2023 |
Guidance note 3 on Data sharing practices |
| February 2023 |
IFC Report no 15 on How central banks communicate on official statistics |
| January 2023 |
The BIS All Governors' meeting approved the publication of the 2022 IFC Annual Report. |
| December 2022 |
Guidance note 2 on Interest rate policy and anti-usury regulations |
| November 2022 |
IFC knowledge centre and guidance note 1 on Captive financial institutions and money lenders |
| November 2022 |
IFC Bulletin no 57 on Machine learning in central banking |
| October 2022 | IFC Working Paper no 22 on Statistical matching for anomaly detection in insurance assets granular reporting |
| September 2022 | The central bank network on historical monetary and financial statistics (HMFS) |
| 25 May 2022 | IFC Bulletin No 56 on Statistics for Sustainable Finance |
| 9 May 2022 | The BIS All Governors' meeting approved the appointment of Pablo Garcia (First Deputy Governor of the Central Bank of Chile, biography) as Chair of the IFC. |
| February 2022 | IFC Working Paper no 21 on Big data in Asian central banks. |
| February 2022 | Launch of the online course (Launch webinar agenda) on macroeconomic financial accounts sponsored by the BIS/IFC, the ECB and the Bank of Italy and developed by the OECD/Sapienza University of Rome with the US-based massive open online course (MOOC) provider, Coursera. |
| January 2022 | The BIS All Governors' meeting approved the publication of the 2021 IFC Annual Report. |