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Agustín Carstens speaks about the return of central bankers to Basel and the challenge of inflation

· 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, banking regulation and supervision, trade, fragmentation and geopolitics

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· Agustín Carstens Wiki · Bank for International Settlements WikiAgustín Carstens speaks about the return of central bankers to Basel and the challenge of inflation

ContextInterview (only available in German) with Agustín Carstens, General Manager of the BIS, in Bilanz, conducted by Dirk Schütz and published on 29 July 2022.

Why it mattersCarstens welcomes central bankers back to Basel as inflation returns.

Problems raised
  1. Inflation has returned after years of absence.
  2. Euro area fragmentation is a risk.
  3. Central bankers must adapt.
Solutions proposed
  1. Resume in-person meetings in Basel.
  2. Fight inflation.
  3. Use tools to avoid fragmentation.
Read full speech on bis.org ↗

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