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 is gathering statistical initiatives developed in response to the global Covid-19 outbreak.


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

November 2022

 IFC knowledge centre

November 2022

IFC Bulletin no 57 on Machine learning in central banking on the proceedings of the IFC-Bank of Italy Workshop on "Data Science in Central Banking", Part 1: Machine learning applications, Rome (virtual event), 19-22 October 2021.

October 2022 IFC Working Paper no 22 on Statistical matching for anomaly detection in insurance assets granular reporting.
25 May 2022 IFC Bulletin No 56 on Statistics for Sustainable Finance on the proceedings of the International Conference on "Statistics for Sustainable Finance", co-organised with the Bank of France and the Deutsche Bundesbank in Paris, France, on 14-15 September 2021
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 Irving Fisher Committee on Central Bank Statistics (IFC) for a three-year period, starting on 12 September 2022, the end of the term of the current IFC Chair, Rashad Cassim.
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.
January 2022 The 11th Biennial IFC Conference on Post-pandemic landscape for central bank statistics is scheduled to take place at the BIS in Basel on 25-26 August 2022.