BIS Latest Update February 2025: Policy Frameworks, Soft Landing And The Future Of Innovation

Date 04/02/2025

February 2025

Monetary policy frameworks Agustín Carstens discusses how central banks can apply lessons from the recent inflation surge to their policy framework reviews.

Post-pandemic soft landing The ongoing high cost of living, large fiscal deficits, policy uncertainty and a stronger dollar threaten a smooth economic recovery. Margin reports Global standard-setting bodies published three final reports on margin in centrally and non-centrally cleared markets.

Reflections on five years of innovation Cecilia Skingsley reflects on the first five years of the BIS Innovation Hub and discusses how it can continue to be useful to the central banking community.

Energy shocks and monetary policy Geopolitical disruptions, climate change, and green energy shifts could cause frequent, larger commodity price changes.

More BIS publications   Statistical release: International banking statistics Cross-border bank claims expanded by $629 billion in Q3 2024, mainly driven by credit to non-banks financial institutions.  Working Paper: The granular origins of inflation Inflation in advanced economies is significantly influenced by the prices set by a small number of large firms. BIS Innovation Hub: Innovation Hub work programme 2025-26 Priorities include exploring synergies between projects and new initiatives supporting supervision, green finance and beyond.

Upcoming 5-6 February: BIS hosts Chapultepec Conference in Mexico City 11 March: BIS Quarterly Review