Challenges for central banks
17 January 2022 · Agustín Carstens , General Manager of the Bank for International Settlements (International)
Summary written by Dark Majestic in its own words · topics: inflation and price stability , trade, fragmentation and geopolitics , labour markets and jobs
AC 17 Jan 2022 · Agustín Carstens Wiki · Bank for International Settlements Wiki Challenges for central banks Context Remarks at an Institute of International Finance board meeting; the BIS serves central banks worldwide and reviews their pandemic response and new challenges.
Why it matters Carstens warns that wage pressures could make inflation persist.
Problems raised Inflation pressures may persist. Wage pressures may break through. Decisions involve trade-offs. Solutions proposed Assess the persistence of inflation. Keep central banks at the core of the system. Build on trust. Read full speech on bis.org ↗ More from Agustín Carstens · Bank for International Settlements · all speeches
More speeches by Agustín Carstens Other leaders on inflation and price stability
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