Governor of the Bank of Mexico and former Mexican Secretary of Finance (2006–2009)
Central banks: Too Soon to Declare Victory Over Inflation, BIS’s Carstens Says
bloomberg.com/news/articles/2024-03-18/central-banks-too-soon-to-declare-victory-over-inflation-bis-s-carstens-says
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Global inflation not yet defeated, BIS warns: The world's top economies are on track for a "soft landing" but inflation has not yet been fully defeated ...
reuters.com/markets/global-inflation-not-yet-defeated-bis-warns-2024-03-18/
Quick Glance: Challenges for Central Banks: Inflation and Economic Growth
- The head of a central bank umbrella group highlighted the current challenges facing the top economies, including combating inflation and sustaining economic growth.
- Despite a decrease in global inflation over the past year and the loosening of monetary policies by some central banks, concerns remain about the potential persistence of price growth.
- In addition to inflation concerns, she pointed out various factors such as de-globalization, economic fragmentation, demographic trends, and climate change that will impact price trends in the medium term.
- Central banks are tasked with fulfilling their commitments to combat inflation to alleviate price pressures, as the world economy seeks to recover from the impacts of the pandemic and the inflation surge.
BIS boss in an interview: “In the end, the monetary politician uses his common sense”
faz.net/aktuell/finanzen/finanzmarkt/geldpolitik-biz-chef-agustin-carstens-fuer-gesunden-menschenverstand-19607447.html
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Soft landing: Almost nothing is allowed to go wrong so that not much goes wrong - Zofinger Tagblatt
zofingertagblatt.ch/biz-praesident-augustin-carstens-haelt-vortrag-in-basel-zur-inflation-sperrfrist-1820-uhr/
BIS’s Agustin Carstens Says Inflation Might Must Remain Central Banks’ Priority: Central banks mustn’t lower interest rates prematurely — even as they look set ...
bloomberg.com/news/articles/2024-01-22/inflation-fight-must-remain-top-priority-bis-s-carstens-urges
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The chief of the Bank for International Settlements (BIS) said Thursday that governance and legal ambiguity should be solved on top of technical infrastructure ... Show more www.koreatimes.co.kr/www/biz/2023/11/126_363778.html
Legal fog over central bank digital currencies "unacceptable", BIS warns: Developing national digital currencies are at risk due to a lack of legal powers to ...
reuters.com/technology/legal-fog-over-central-bank-digital-currencies-unacceptable-bis-warns-2023-09-27/
CBDC frameworks must guard user privacy, monetary freedom — BIS chief: BIS general manager Agustín Carstens believes legal frameworks that protect CBDC user ...
cointelegraph.com/news/cbdc-frameworks-must-guard-user-privacy-monetary-freedom-of-choice-bis-chief
Fiscal, monetary policy near limit as inflation returns: BIS chief: TOKYO -- As countries grapple with a resurgence of inflation after decades of moderation ...
asia.nikkei.com/Editor-s-Picks/Interview/Fiscal-monetary-policy-near-limit-as-inflation-returns-BIS-chief
BIS’s Carstens Urges EM Vigilance in Finishing Inflation Fight: Emerging markets have anticipated the cycle of high interest rates well and learned lessons from ...
bloomberg.com/news/articles/2023-06-26/bis-s-carstens-urges-em-vigilance-in-finishing-inflation-fight
BIS chief urges officials to stop chasing quick fixes for growth: Agustín Carstens says policymakers are largely to blame for bout of severe inflation
ft.com/content/5ab30a06-d611-4e83-bbae-fb2bdf31375c
Paid articlePaid Watchdogs must ‘up their game’ to prevent future bank failures, says BIS: Financial regulators need more funds to ensure lenders ‘fulfil their responsibilities’ ...
ft.com/content/1c849c74-6c31-40f2-86cb-7bca7b2ad552
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Population and wage growth may lead RBA to raise interest rate: Amid warnings that global policies are risking the economy, minutes of the RBA’s most recent ...
theage.com.au/politics/federal/population-and-wage-growth-may-lead-rba-to-raise-interest-rate-20230418-p5d18t.html
Quick Glance: RBA hints at further interest rate hikes as minutes show pause was due to lineball
- Minutes from the April 4 rate meeting, released on Tuesday, show that the nine board members debated the case for another 25 basis point rise for quite some time.
- Furthermore, the board considered two other elements that "were relevant to the case" for additional interest rate increases.
- In the end, there was "a stronger case to pause" than to raise the cash rate at the April meeting.
- For the time being, the RBA anticipates wage increases to continue significantly below the headline inflation rate, despite the fact that unemployment is at a half-century low and the pace of public sector compensation increases is projected to accelerate.
Central banks ‘risk losing trust if they cannot tame inflation’: Bank of International Settlements also warns US bank failures and cryptocurrencies could reduce ...
theguardian.com/business/2023/may/19/central-banks-trust-inflation-bank-of-international-settlements
Population and wage growth may lead RBA to raise interest rate: Amid warnings that global policies are risking the economy, minutes of the RBA’s most recent ...
smh.com.au/politics/federal/population-and-wage-growth-may-lead-rba-to-raise-interest-rate-20230418-p5d18t.html
Crypto Has Lost the ‘Battle’ Against Fiat Currency, BIS Chief Agustin Carstens Says
bloomberg.com/news/articles/2023-02-22/crypto-has-lost-battle-against-fiat-currency-bis-chief-agustin-carstens-says
Crypto 'Has Lost Battle' to Be an Alternative to Fiat Currencies: Crypto enthusiasts would argue that it's hardly been a successful few years for central banks ...
coinmarketcap.com/alexandria/article/crypto-'has-lost-battle'-to-be-an-alternative-to-fiat-currencies
Andrea Maechler Quits SNB to Become BIS’s Most Senior Woman Ever: Swiss National Bank official Andrea Maechler will leave to become deputy general manager at the ...
bloomberg.com/news/articles/2023-03-13/maechler-to-leave-swiss-national-bank-for-bis-deputy-job
Doch ein Rivale? Die Angst vor Bitcoin ist zurück: Die Probleme der Silvergate-Bank zeigen, dass die Turbulenzen auf dem Kryptosektor noch nicht ausgestanden ...
diepresse.com/6259032/doch-ein-rivale-die-angst-vor-bitcoin-ist-zurueck
2022 Events Cast 'Serious Doubts' on Stablecoins as Money: BIS Chief: Agustin Carstens, who has previously criticized stablecoins, said they do not benefit from ...
coindesk.com/policy/2023/02/22/2022-events-cast-serious-doubts-on-stablecoins-as-money-bis-chief/
The financial system is alarmingly vulnerable to cyber attack: Regulators need to scrutinise tech vendors and other digital companies far more closely
ft.com/content/03507666-aad7-4dc3-a836-658750b880ce
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Bank of International Settlements (BIS) chief Agustin Carstens said the world needs different remittance settlement systems to "complement" each other to ... Show more
Dealing with inflation now an urgent issue, BIS chief says: Central banks need to urgently tackle inflation and recognise that the supply shocks that are pushing ...
reuters.com/business/finance/dealing-with-inflation-now-an-urgent-issue-bis-chief-says-2022-08-26/
Central bankers worry that a new era of high inflation is beginning: There are three reasons to believe that may be the case
economist.com/finance-and-economics/2022/08/30/central-bankers-worry-that-a-new-era-of-high-inflation-is-beginning
Central bank association: "Raise interest rates quickly": Central banks had underestimated inflationary pressures, BIS chief admits. Now, however ...
diepresse.com/6157709/zentralbankenverband-zinsen-rasch-anheben
BIS warns of era of high inflation.: The Bank of Central Banks classifies the risk of stagflation as high. The downturn may be accelerated by high debt and ...
faz.net/aktuell/finanzen/biz-warnt-vor-aera-hoher-inflation-18126979.html
Crypto fears now materialising, central bank body BIS says: Recent implosions in the cryptocurrency markets indicate that long-warned-about dangers of ...
reuters.com/business/finance/crypto-fears-now-materialising-central-bank-body-bis-says-2022-06-21/
Umbrella organization calls for: Central banks: raise interest rates "quickly and decisively"
n-tv.de/wirtschaft/Zentralbanken-Zinsen-schnell-und-entschlossen-anheben-article23423563.html
‘Flashing red’: Fears as ‘tipping point’ looms: An influential banking organisation has issued an alarming warning as inflation skyrockets across the globe ...
news.com.au/finance/economy/world-economy/banking-expert-warns-leading-economies-now-lurching-towards-inflation-tipping-point/news-story/89e43c74e65d39f2cbd5a0dac4c34e3d
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