BISness

Claudio Borio and Hyun Song Shin summarise the September 2024 Quarterly Review and answer journalists' questions about financial market developments and the economic outlook. 

Andreas Schrimpf and Vladyslav Sushko explain the drivers and implications of the unwinding of carry trades, which were associated with financial market turbulence in August 2024.

Agustín Carstens outlines the ideal policy constellation for the fastest growth with the lowest inflation and issues a call to action for governments.

Claudio Borio discusses the lessons learned for monetary policy from the extraordinary events of the past 25 years, and looks ahead to upcoming challenges. Read more.

Hyun Song Shin discusses the benefits and challenges for central banks of the latest artificial intelligence technology. Read more.

Should a prudential regulatory regime apply to non-bank financial intermediaries – and if so, what should it look like? Financial Stability Institute Senior Advisors Johannes Ehrentraud and Raihan Zamil discuss this, drawing from their recent FSI Insight paper: Safeguarding the financial system's spare tyre: regulating non-bank retail lenders in the digital era (bis.org).

BIS General Manager Agustín Carstens and Siddharth Shetty, from the Foundation for Interoperable Digital Economy, discuss a vision of multiple interconnected financial ecosystems designed to empower individuals and firms, the Finternet, at the BIS Innovation Summit 2024.

Historian, philosopher and best-selling author Yuval Noah Harari discusses with Cecilia Skingsley, head of the BIS Innovation Hub, the potential impacts of future technologies on human society and the global financial system.

How will the widespread adoption of artificial intelligence (AI) affect inflation and the global economy? How do consumers perceive the impact of AI on their everyday lives? BIS economists Iñaki Aldasoro and Sebastian Doerr discuss these issues, drawing from their recent Working Paper The impact of artificial intelligence on output and inflation and BIS Bulletin Survey evidence on gen AI and households: job prospects amid trust concerns.

The Basel Committee at 50; listen to Chair Pablo Hernández de Cos and Secretary General Neil Esho discuss the Committee’s work – past, present and future, as well as the International Conference of Banking Supervisors.