Frank Smets, Acting Head of the Monetary and Economic Department at the BIS, discussed preserving trust in money in the digital age.
BIS General Manager Pablo Hernández de Cos presented the Annual Economic Report 2026, highlighting the interplay of AI progress and perils from inflation, financial vulnerabilities, and high public debt.
Isabel Schnabel, Member of the Executive Board of the European Central Bank, warned that the recent energy shock is pushing euro area inflation higher.
Piero Cipollone, Member of the Executive Board of the European Central Bank, presented the ECB's comprehensive payments strategy at the International Banking Federation Board Meeting on June 25, 2026.
Claudia Buch, Chair of the ECB Supervisory Board, informed MEP Fabio de Masi that financial stability risks from advanced artificial intelligence applications are a key supervisory priority for the 2026-28 cycle.
Alison Walters, director of consumer finance at the FCA, outlined the regulator's vision for a more resilient, joined-up, and trusted credit market.
Danmarks Nationalbank Governor Ulrik Nødgaard emphasized the critical need for sovereignty and resilience in digital payment systems.
Bank of England's David Chaplin highlighted a significant shift in regulatory enforcement, where firms are increasingly engaging earlier and proactively remediating breaches.
ECB Executive Board member Isabel Schnabel indicated that further interest rate hikes will be necessary to bring inflation back to the two percent target.
Bank of Japan Policy Board Member Naoki Tamura stated his view that Japan's 2 percent price stability target has already been achieved.
Federal Reserve Governor Lisa D. Cook emphasized the critical role of small businesses in the U.S. economy and the importance of high-quality data from the Fed's Small Business Credit Survey.