Skip to main content

Central banks face tough fight for ‘last mile’ of disinflation – BIS

Credit losses could rival global financial crisis in higher-for-longer scenario, institution warns

BIS with flags
Dan Hinge

Central banks have acted decisively to “conquer” inflation, but face tougher battles ahead to bring inflation down fully without serious financial stress, the Bank for International Settlements said today (June 25).

In its 2023 annual economic report, the BIS explores “stylised simulations” of the economic impact of the market-implied path of interest rates, as well as a more severe, “higher-for-longer” scenario.

“The impact could be substantial,” the BIS warns. Credit losses would likely be

Solo los usuarios que tengan una suscripción de pago o formen parte de una suscripción corporativa pueden imprimir o copiar contenido.

Para acceder a estas opciones, junto con todas las demás ventajas de la suscripción, póngase en contacto con info@centralbanking.com o consulte nuestras opciones de suscripción aquí: subscriptions.centralbanking.com/subscribe

Actualmente no puede copiar este contenido. Póngase en contacto con info@centralbanking.com para obtener más información.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Regístrese en Central Banking

Todos los campos son obligatorios, salvo que se indique lo contrario.

Mostrar contraseña
Ocultar contraseña

Most read articles loading...

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

Iniciar sesión
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 individual account

.