· Agustín Carstens Wiki · Bank for International Settlements WikiA template for a central bank leader
Read full speech on bis.org ↗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
- Central banks must be strong and independent.
- Inflation regimes can switch.
- Central bank money must evolve.
Solutions proposed
- Build institutions capable of independence.
- Anticipate innovation in money.
- Prevent shifts to high inflation.