✉news BusinessBanking first seen 4 h ago, last 48 min ago, peak #1
BIS chief warns high debt may hamper future crisis response
Original: BIS chief warns soaring debt, market changes could complicate future crisis response
The head of the Bank for International Settlements warned that soaring global debt levels and structural changes in financial markets could make it harder for policymakers to respond effectively to a future crisis. The caution suggests that tools used in past downturns, such as rate cuts and emergency support, may have less room to work this time.
Why now: Markets and policymakers are weighing how much room governments and central banks have left to handle a new financial shock.
Bank for International Settlements
Rank over time, top of the chart is #1. 4 snapshots from 4 h ago to 48 min ago.
Evidence
- BIS chief warns soaring debt, market changes could complicate future crisis response · Reuters
- BIS chief warns soaring debt, market changes could complicate future crisis response · KELO-AM
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