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Agustín Carstens speaks about inflation, global growth and a rethink of fiscal and monetary policy

· 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, public finances and debt, growth, investment and productivity

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· Agustín Carstens Wiki · Bank for International Settlements WikiAgustín Carstens speaks about inflation, global growth and a rethink of fiscal and monetary policy

ContextInterview with Agustín Carstens, General Manager of the BIS, in Germany's Börsen-Zeitung, conducted by Mark Schrörs on 27 April and published on 5 May 2023.

Why it mattersCarstens rejects doubts that central banks can tighten enough.

Problems raised
  1. The global economy faced severe shocks.
  2. Inflation remains a concern.
  3. Critics doubt central banks can tighten enough.
Solutions proposed
  1. Continue fighting inflation.
  2. Rethink fiscal and monetary policy.
  3. Ensure policy credibility.
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