11
Sep
Remarks by Kristalina Georgieva, IMF Managing Director at the Bank for International Settlement
Dear Fabio, dear Pablo, dear governors—thank you for inviting me here to share a few thoughts on the challenges faced by central banks as our stewards of monetary policy.
Over the past 20 years, we have seen the Great Moderation give way to the global financial crisis, followed by a long spell at the effective lower bound, followed by a succession of large shocks, from the pandemic to the...