The BIS, the central bank’s central bank, is renowned for its warnings about the global financial system.
Claudio Borio, head of the Bank of International Settlements (BIS) BIS’ Monetary and Economic Department spells out the dangers: “Since the early 1980s … Read the rest
The International Monetary Fund (IMF) and other institutions are grappling with strategies to counter a severe economic downturn.
Ahead of the coming IMF meetings, the institution’s second chapter in its annual report discusses current and possible policies. The question is … Read the rest