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BIS warns high debt may hinder next 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 and structural changes in financial markets could complicate policymakers' ability to respond to a future crisis. With governments and companies carrying record debt loads and market dynamics shifting, traditional tools may be less effective when the next shock hits, he cautioned.

Why now: Concerns about high debt levels and financial stability are growing among policymakers and investors.

Bank for International Settlements

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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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