Price Stability And Fiscal Consolidation Are Key Foundations Of Future Prosperity: BIS

Date 30/06/2024

At its Annual General Meeting on Sunday 30 June 2024, the BIS released its Annual Economic Report and its Annual Report.   Annual Economic Report 2024 We look at the outlook for the global economy and lessons learned from the past 25 years of monetary policy in the 2024 Annual Economic Report.  Editorial: So far, so good... This year's Annual Economic Report takes the pulse of the global economy and explores policy challenges.  Read more I. Laying a robust macro-financial foundation for the future The global economy appears set for a smooth landing, but more work is needed to secure sustainable growth. Read more II. Monetary policy in the 21st century: lessons learned and challenges ahead Since the turn of the 21st century, a series of extraordinary events have profoundly shaped monetary policy. Read more III. Artificial intelligence and the economy: implications for central banks Central banks are directly affected by AI, both as stewards of the economy and as users of AI tools. Read more Press release: Price stability and fiscal consolidation are key foundations of future prosperity: BIS Annual Report 2023/24 The Annual Report highlights how the BIS has helped central banks to navigate the complex policy landscape, while enabling and supporting its stakeholders during the year. Read more Annual General Meeting 2024 Speech by Agustín Carstens, General Manager: Laying a robust macro-financial foundation for the future Speech by Claudio Borio, Head of the Monetary and Economic Department: Monetary policy in the 21st century: lessons learned and challenges ahead Speech by Hyun Song Shin, Economic Adviser and Head of Research: Artificial intelligence and the economy: implications for central banks