Diverse Mandates for Central Banks

The video discusses the global debate on inflation and the role of central banks, particularly in Asia. It highlights how Asian central banks have broader mandates beyond price stability, focusing on financial and currency stability. Examples from Japan, Australia, and China illustrate these diverse objectives. The video also examines the potential impact of the Federal Reserve's balance sheet reduction on Asian economies, emphasizing the importance of central banks' mandates in managing volatility and capital flows.

In what ways do central banks in Asia address financial stability?

What challenges do emerging market economies in Asia face regarding currency volatility?