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Central banks should prepare for new era of ‘supply shocks,’ BIS warns

financialpost
Summary
Nutrition label

76% Informative

BIS deputy manager Andréa M. Maechler said the economic landscape may well be changing, featuring greater risk of adverse supply shocks and less elastic supply.

Forceful monetary tightening may sometimes be needed to keep inflation expectations anchored.

Machler outlined how the shifting dynamics in geopolitics, trade, demographics and the green transition could pose a risk to the inflation outlook.

VR Score

85

Informative language

89

Neutral language

35

Article tone

semi-formal

Language

English

Language complexity

62

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

8

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