Trade tensions and fractious geopolitics risk exposing deep fault lines in the global financial system, the central bank umbrella body, Bank for International Settlements, said in its latest assessment of the state of the world economy. The outgoing head of the BIS, often dubbed the central bankers’ central bank, Agustín Carstens, said the US-driven trade war and other policy shifts were fraying the long-established economic order. 5 General Manager of the Bank for International Settlements (BIS) Agustín Carstens speaks at the forum Tokenization and the Financial System during the World Bank/IMF Spring Meetings at the International Monetary Fund (IMF) headquarters in Washington, Wednesday, April 23, 2025.
Author: Reuters
Published at: 2025-06-29 20:49:58
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