Authors
Alexandre Tombini, Ana Aguilar, Jon Frost, Christian Upper, Fabrizio Zampolli
Publication date
2023/11
Journal
Central banking in the Americas: Lessons from two decades
Pages
3
Description
Central banking in the Americas has evolved substantially in the last decades, with the adoption of inflation targeting and a sustained commitment to macroeconomic and financial stability. This evolution took place in a challenging environment, with the shocks of the Great Financial Crisis of 2008, the taper tantrum of 2013, the Covid pandemic of 2020 and a synchronised global inflationary shock in 2022. Yet central banks have risen to the challenge. Today, central banks in the Americas face new opportunities and challenges from digitalisation, with many new uncertainties. In the path ahead, as in the past two decades, the BIS Americas Office will be there to support the central banks of the region with policy dialogue and cooperative activities, cutting-edge research, a wide range of banking services and the activities of the BIS Innovation Hub.
Scholar articles
A Tombini, A Aguilar, J Frost, C Upper, F Zampolli - Central banking in the Americas: Lessons from two …, 2023