BIS Chief Carstens: A recession is far from being something sure

Dhwani Mehta FXStreet

In an interview with Bloomberg, the Bank of International Settlements (BIS) Chief Agustin Carstens said that the world economy has certainly slowed down markedly.

Additional Quotes:

There are some models that show the probability of a recession has increased.

But it is still far from being something sure.

The elephant in the room is trade policy.

Central banks have to be very skillful in working out the adequate balance.

If we go too far in terms of negative rates, threats to financial stability in the future might start appearing.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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