Poloz: CCA central banks ‘challenged’ in meeting their core objectives
New BIS Americas chair says financial stability should be built into regional policy decision-making
Central bank members of the Bank for International Settlements' (BIS) Consultative Council of the Americas (CCA) should build financial stability considerations into their decision-making process, according to the new chairman of the body, Bank of Canada governor Stephen Poloz. This should happen despite many central banks in the region already being "challenged" in meeting their core mandates.
The subject of financial stability becoming a core part of the mandate for central banks in north
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