DiscoverMacro Waves#2 – Central banks: the trade-off between inflation and financial stability
#2 – Central banks: the trade-off between inflation and financial stability

#2 – Central banks: the trade-off between inflation and financial stability

Update: 2020-03-04
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How to strike the right balance between inflation and financial stability has been a source of debate for decades. In this second podcast, William De Vijlder shows how the central banks give priority to inflation targets over financial stability. He uses a few examples to illustrate how central banks will opt to hold a steady course even when confronted with the risk of instability, which is often caused by financial market turmoil.
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#2 – Central banks: the trade-off between inflation and financial stability

#2 – Central banks: the trade-off between inflation and financial stability

BNP Paribas Economic Research