Origins and foundations of central bank independence
17 January 2025 · 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 , public finances and debt
AC 17 Jan 2025 · Agustín Carstens Wiki · Bank for International Settlements Wiki Origins and foundations of central bank independence Context Presentation by Agustín Carstens, General Manager of the BIS, prepared for an event hosted by the Bank of Spain, "Central bank independence in the face of present and future challenges", Madrid, 17 January 2025.
Why it matters The BIS head sets out principles for central bank independence and warns against overloaded mandates.
Problems raised Trust in money requires controlling inflation. Independence has many dimensions. Mandates risk being overloaded. Solutions proposed Follow six principles for autonomy statutes. Ensure accountability and budget sufficiency. Avoid overburdening mandates. Read full speech on bis.org ↗ More from Agustín Carstens · Bank for International Settlements · all speeches
More speeches by Agustín Carstens Other leaders on inflation and price stability
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