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A template for a central bank leader

· 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, payments, digital money and crypto-assets, growth, investment and productivity

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· Agustín Carstens Wiki · Bank for International Settlements WikiA template for a central bank leader

ContextDinner remarks by Agustín Carstens, General Manager of the BIS, at the International Symposium on Central Bank Independence, Sveriges Riksbank, 10 January 2023.

Why it mattersCarstens describes the qualities needed to lead a monetary authority with independence.

Problems raised
  1. Central banks must be strong and independent.
  2. Inflation regimes can switch.
  3. Central bank money must evolve.
Solutions proposed
  1. Build institutions capable of independence.
  2. Anticipate innovation in money.
  3. Prevent shifts to high inflation.
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