Paraguay’s Valdovinos: world has a lot to learn on macro-prudential tools
Monetary policy cannot ‘tame’ potential instability, Paraguayan governor says
Monetary policy cannot be used to "tame" instability in the financial sector as it is "too blunt", according to the governor of the Central Bank of Paraguay.
In an interview with CentralBanking.com, Carlos Fernández Valdovinos highlights the benefits of using macro-prudential policy as a tool to combat challenges stemming from the "new normal" which global economies are adapting to.
"For Paraguay, we have to implement very clever macroeconomic policy to face this 'new normal'," he says.
Central
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Most read
- ECB says iPhone is currently incompatible with digital euro
- Supervisors grapple with the smaller bank dilemma
- ‘Do I die, or do I survive?’ Officials reflect on Basel III complexity