BIS chief warns soaring debt, market changes could complicate future crisis response
7 Articles
7 Articles
BIS chief warns soaring debt, market changes could complicate future crisis response
By Marc Jones LONDON, Oct 5 (Reuters) - Central banks will remain at the heart of managing future financial crises, but rising public debt and other key changes could make their task more difficult and controversial, the head of the Bank for Internatio...
The central banks will remain at the centre of the management of future financial crises, but increasing public debt and other major changes could make their task more difficult and controversial, said the director of the Bank of International Regulations (BIS), Pablo Hernandez de Cos, transmits Reuters, reports Agerpres.
Central banks will continue to play an important role in managing financial crises, but growing government debt makes their task more difficult and controversial.
Central banks will remain at the heart of the management of future financial crises, but increasing public debt and other major changes [...]
Forbes España
diarioestrategia.clA high level of public debt can complicate the intervention of central banks in future crises, as well as other factors such as the growing presence of non-bank financial institutions and digital innovation, as warned this Monday by Pablo Hernández de Cos, Director General of the Bank for International Settlements (BIS). «If dysfunction [...] The De Cos entry warns that a high public debt hinders the central banks’ response to a crisis appears f…
The Bank for International Settlements (BPI) noted that the context of the next crisis is changing rapidly.
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