Hyun Song Shin summarises the December 2025 BIS Quarterly Review and, along with Gaston Gelos and Frank Smets, answers journalists' questions about market developments, the state of the global economy and fiscal policy.

Our latest BISness podcast analyses the 2025 Triennial Survey on FX and interest rate derivatives markets. Hyun Song Shin, Andreas Schrimpf and Goetz von Peter discuss market shifts and the implications for the global financial system.

Morten Bech and Jon Frost explain the concept of tokenisation and how it can improve the international financial system.

Gaston Gelos and Frank Parker explain how the life insurance industry has undergone a profound structural transformation since the Great Financial Crisis, amid a prolonged period of exceptionally low interest rates and evolving regulatory frameworks.

Hyun Song Shin summarises the September 2025 BIS Quarterly Review and, along with Gaston Gelos and Frank Smets, answers journalists' questions about market developments, the state of the global economy and fiscal policy.

Agustín Carstens, Andréa M Maechler and Hyun Song Shin brief the media on the main messages of the Annual Economic Report. Read more: https://www.bis.org/publ/arpdf/ar2025e.htm

Agustín Carstens and Hyun Song Shin say trade disruptions and policy uncertainty cloud the global economic outlook, making sound public finances and price stability critical for sustainable growth.

Hyun Song Shin and Andréa M Maechler brief the media on the main messages of Chapter III of the Annual Economic Report. Read more: https://www.bis.org/publ/arpdf/ar2025e3.htm

Hyun Song Shin explains how tokenised platforms with central bank reserves, commercial bank money and government bonds can underpin the next-generation monetary and financial system.

The BIS marked its 95th anniversary in May 2025. Andréa M Maechler and Tobias Straumann talk about its origins and how its role has developed over the years.