Delivering on central bank mandates in a changing world
26 August 2025 · Pablo Hernández de Cos , 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
PH 26 Aug 2025 · Pablo Hernández de Cos Wiki · Bank for International Settlements Wiki Delivering on central bank mandates in a changing world Context Lecture to central bankers and economists; the BIS serves central banks worldwide and supports their independence and price stability mandates under growing political pressure.
Why it matters The BIS head restates the case for central bank independence and accountability as political pressure on monetary policy grows.
Problems raised Trust in money must be preserved. Short-term political interference is a threat. Credibility is hard to build. Solutions proposed Keep a clear price stability mandate. Protect independence. Ensure strong accountability. Read full speech on bis.org ↗ More from Pablo Hernández de Cos · Bank for International Settlements · all speeches
More speeches by Pablo Hernández de Cos Other leaders on inflation and price stability
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