Șeful BIS Pablo Hernandez de Cos avertizează că creşterea datoriei publice ar putea îngreuna misiunea băncilor centrale de a rezolva viitoarele crize financiare - Economica.net

Central banks will continue to play a key role in managing future financial crises, but rising public debt and other significant changes may complicate their tasks, according to BIS director Pablo Hernandez de Cos. He emphasized the importance of rapid central bank intervention during market turmoil, while noting that the backdrop for future crises is rapidly evolving. High public debt levels and persistent budget deficits could hinder central banks' ability to distinguish between market dysfunctions needing intervention and legitimate investor concerns about public finances. Hernandez de Cos also highlighted the growing influence of non-bank financial institutions, which could amplify tensions during market turbulence. He called for stricter regulation of these entities to mitigate moral hazard risks and maintain crisis management effectiveness.