· Joachim Nagel Wiki · Deutsche Bundesbank WikiInteractions between monetary policy, regulation and financial markets
Read full speech on bis.org ↗ContextVideo message by Joachim Nagel, President of the Deutsche Bundesbank, at the Conference on Markets and Intermediaries, jointly organised by the Deutsche Bundesbank and the Humboldt-Universität Berlin, Frankfurt am Main, 1 October 2024.
Why it mattersThe Bundesbank president examines side effects of non-standard monetary tools on markets.
Problems raised
- Monetary policy, regulation and markets interact.
- Non-standard tools have side effects.
- Design matters.
Solutions proposed
- Design central bank measures carefully.
- Research market-intermediary interactions.
- Learn from academic work.