· Joachim Nagel Wiki · Deutsche Bundesbank WikiInto the new - economic realities after the shockwaves
Read full speech on bis.org ↗ContextKeynote speech by Joachim Nagel, President of the Deutsche Bundesbank, at the Official Monetary and Financial Institutions Forum (OMFIF) and DZ Bank breakfast discussion, Washington DC, 15 October 2022.
Why it mattersNagel discusses new economic realities after the shocks.
Problems raised
- Shockwaves changed economic realities.
- Supply chains proved fragile.
- Geopolitical tension threatens trade.
Solutions proposed
- Diversify supply chains.
- Strengthen international cooperation.
- Keep monetary policy focused on inflation.