· Agustín Carstens Wiki · Bank for International Settlements WikiTrust and macroeconomic stability: a virtuous circle
Read full speech on bis.org ↗ContextLecture by Agustín Carstens, General Manager of the BIS, at the Center for Financial Studies, Goethe University, Frankfurt, 18 March 2024.
Why it mattersCarstens argues that price, fiscal and financial stability together build public trust.
Problems raised
- Policy success needs public trust.
- Trust must exist across all policies.
- Policies may lose effectiveness.
Solutions proposed
- Deliver price stability.
- Consolidate public finances.
- Ensure financial stability to build trust.