High inflation and mounting growth headwinds raise the prospects of global stagflation and call for quick and decisive action by central banks, says AgustĂn Carstens, presenting the BIS’s Annual Economic Report.
The recent surge in inflation has underscored the need to “look under the hood” to better understand how relative price changes can morph into broader-based inflation. Claudio Borio summarises the key insights from this fresh perspective.
What will the future of the monetary system look like? Hyun Song Shin, BIS Economic Advisor and Head of Research, presents a blueprint for the future monetary system as the fusion of enhanced technical capabilities around the core of the trust
From black swans to green swans, Luiz Pereira da Silva talks about climate risks and what sustainable finance can realistically do for the transition to net zero, also in the light of the recent increase in energy prices.
What will global growth look like once the disruptions of the Covid-19 pandemic come to an end? Phurichai Rungcharoenkitkul explains why growth is likely to be slower in future without policy intervention.
AgustĂn Carstens speaks with Andrew Bailey from the Bank of England, Jerome Powell from the Federal Reserve Board, Joachim Nagel from the Deutsche Bundesbank and Noor Shamsiah Mohd Yunus from Bank Negara Malaysia about innovation and central ba
Corrinne Ho offers a bird’s eye view on all of the BIS’s workstreams relating to climate change and green finance. From banking services to economic research, from innovation to regulation and capacity building, these activities all share the o
Projektleiter und BIZ Historiker Piet Clement spricht über die BIS 90 Years Ausstellung, die vom 26. Oktober – 4. November 2021 in Basel stattfindet.
Project Manager and BIS historian Piet Clement and exhibition designer Pablo Berger discuss the BIS 90 Years exhibition set to take place from 26 October – 4 November 2021 in Basel.
Johannes Ehrentraud reflects on potential regulatory approaches and policy options for big techs in finance, as described in FSI Brief 12, (co-author), FSI Occasional Paper 17, and other work at the BIS such as BIS Bulletin 45.
AgustĂn Carstens discusses the uneven economic recovery from Covid-19, the challenges for normalising fiscal and monetary policy and the outlook for inflation, as outlined in the 2021 Annual Economic Report.
Barry Eichengreen discusses the origins of the BIS’s views on exchange rates, capital flows and the financial cycle, based on his chapter in a recently published book issued to mark the Bank's 90th anniversary.
Carolyn Rogers speaks on how the pandemic affected banks, supervisors and the Basel Committee, presents the Committee’s work programme for 2021/22 and shares her views on diversity in finance.
Patrick McGuire and Goetz von Peter explain what happened to financial flows during the Covid-19 pandemic year of 2020, using recently updated international banking and global liquidity data. Read more
Carlos Cantú and Paolo Cavallino explain how a novel database provides a “deep dive” into the monetary policy responses of central banks worldwide during the Covid-19 pandemic. Read more
Bill Dudley explains the BIS’s role in supporting global financial stability and highlights from his time chairing some of the central bank committees in an interview conducted on 18 January 2021, expanding on his chapter in a book marking the
Harold James discusses the role the BIS played in the creation of the Euro, based on his book chapter in a recently published book issued to mark the Bank's 90th anniversary.
Andrew Baker explains the concept of measured contrarianism and how it allowed the BIS to reframe the understanding of financial stability, as described in a recently published book issued to mark the Bank's 90th anniversary.
Jon Frost and Giulio Cornelli tell the story of the Bank of Amsterdam, an 18th century deposit bank, and its lessons for the digital age. Its rise and fall shed light on digital stablecoins and the role of central banks.