John Williams of the Federal Reserve Bank of San Francisco took over as managing editor in January 2011.

Bank of England Chief Economist Charlie Bean strongly supported the project, and the journal's governing body, comprising representatives from the sponsoring institutions, was established.

Luc Laeven now serves as managing editor along with 10 co-editors: Klaus Adam, Tobias Adrian, Boragan Aruoba, Huberto Ennis, Linda Goldberg, Òscar Jordà, Sharon Kozicki, Keith Kuester, Elena Loutskina, and Steven Ongena.

The managing editor and co-editors solicit and review submitted articles across a range of disciplines reflecting the missions of central banks around the world.

While featuring policy-relevant articles on any aspect of the theory and practice of central banking, the publication has a special emphasis on research bearing on monetary policy and financial stability.