BIS warns central banks to bite the bullet on monetary policy normalisation

Bank of International Settlements

The Bank for International Settlements (BIS) has issued a typically hawkish set of recommendations with its latest annual report – urging the world's economies to take advantage of an opportunity provided by the green shoots of recovery to begin tightening monetary policy to discourage over-leveraging.

Monetary and fiscal authorities should not be seeking to "pump up growth at any cost", but rather, especially in those economies where indicators are turning positive, should focus more on balance

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: