Finance › Speeches › Agustín Carstens

The return of inflation

· Agustín Carstens, General Manager of the Bank for International Settlements (International)

Summary written by Dark Majestic in its own words · topics: monetary policy and interest rates, inflation and price stability

AC
· Agustín Carstens Wiki · Bank for International Settlements WikiThe return of inflation

ContextLecture on the return of inflation after a decade of low prices; the BIS serves central banks worldwide as they face a new inflation challenge.

Why it mattersCarstens argues that pressures will not ease soon and rates must rise.

Problems raised
  1. Inflation has returned.
  2. Supply cannot meet demand.
  3. Pressures will not ease soon.
Solutions proposed
  1. Raise policy rates to appropriate levels.
  2. Adjust to the new environment.
  3. Monitor inflation forces.
Read full speech on bis.org ↗

More from Agustín Carstens · Bank for International Settlements · all speeches

More speeches by Agustín Carstens

Other leaders on monetary policy and interest rates