Governors weigh trade-offs between inflation and financial stability

Officials stress central bank independence is key to addressing these risks

Pablo Hernández de Cos
Pablo Hernández de Cos
Photo: Banco de España

Governors of central banks from Latin America and the Eurosystem stressed independence is key to bring inflation back to targets while preserving financial stability, in remarks at a recent event.

Additionally, the officials pointed out sustainable fiscal policies and structural reforms to boost competitiveness are required to maintain stable macroeconomic conditions.

During a panel organised by the Central Bank of Brazil, Bank of Spain governor and Basel Committee chair Pablo Hernandez de Cos

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