BIS Governor Carstens on Monetary Policy, Global Growth

The video discusses the global economic outlook, focusing on quantitative easing and its impact on corporate debt and financial stability. It highlights the need for a balance between monetary and fiscal policies, emphasizing the role of fiscal policy in supporting growth. The discussion also covers the limits of negative interest rates and their potential adverse effects. Additionally, the video explores the emergence of green bonds and digital currencies, considering their implications for central banks and financial stability.

What are the implications of negative interest rates on savings and pensions?

What is the significance of green bonds in the context of central banks?

How do central bank digital currencies differ from traditional banking operations?