Bank for International Settlements
BISSpeech
Hauser: Nonlinear Phillips curve shapes monetary policy
BIS Deputy Governor Andrew Hauser highlighted the critical importance of the nonlinear Phillips curve for monetary policy.
Focus
BISSpeech
Zhu Hexin: China to deepen capital account opening
Zhu Hexin, Deputy Governor of the People's Bank of China, outlined the country's strategy to deepen capital account opening.
BISSpeech
Kazakhstan cuts base rate by 100bp to 17 percent
The National Bank of Kazakhstan has reduced its base rate by 100 basis points to 17 percent.
Latest
BISPaper
Two-country models cannot match markups, switching and pass-through
A new working paper identifies a fundamental trilemma in two-country DSGE models.
BISSpeech
Diversity strengthens euro area monetary policy
Martin Kocher, Governor of the Oesterreichische Nationalbank, concluded a conference on monetary policy trade-offs in Vienna on June 19, 2026.
BISSpeech
Malhotra: RBI strengthens MSME finance, fosters growth
Reserve Bank of India Governor Sanjay Malhotra emphasized the vital role of Micro, Small and Medium Enterprises (MSMEs) in India's economy.
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BISSpeech
Macklem: Global imbalances fuel financial stability risks
Bank of Canada Governor Tiff Macklem warned that widening global imbalances are fuelling financial stability risks.
BISSpeech
Kocher reinterprets heterogeneity for euro area monetary policy
OeNB Governor Martin Kocher argued for a more optimistic reinterpretation of heterogeneity in euro area monetary policymaking.
BISSpeech
Digital euro to boost innovation, secure Europe's sovereignty
Deutsche Bundesbank President Joachim Nagel advocated for the digital euro as a central element of Europe's payment system.
BISSpeech
Makhlouf: Financial system risks demand policy evolution
Gabriel Makhlouf, Governor of the Central Bank of Ireland (CBI), stressed the need for macroprudential policy to continuously evolve with the rapidly changing financial system.
BISSpeech
Panetta: Euro needs completion for new geopolitical era
Fabio Panetta, Governor of Banca d'Italia, stated that Europe is at a crossroads, urging the completion of the euro's institutional architecture.
BISSpeech
Maijoor: 1763 crisis highlights central bank readiness
Steven Maijoor of De Nederlandsche Bank drew lessons from the 1763 Amsterdam financial crisis to emphasize the central bank's role as lender of last resort.