The Bank for International Settlements (BIS) has issued a warning regarding the potential risks posed by high government debt levels ahead of significant elections in countries including France, Britain, and the US. The BIS cautioned that indebted countries are vulnerable to a precipitous loss of confidence, a risk that is not sufficiently acknowledged in bond markets. The organization also advised central banks to set a 'high bar' for interest rate cuts to avoid triggering a fresh flare-up in inflation. Additionally, BIS highlighted the need for preparedness to raise interest rates if inflationary pressures return. BIS director warned that soaring government debt could roil global financial markets. In its annual report, BIS noted that the global economy looked set for a 'smooth landing' as inflation cooled and growth remained resilient.
NEW: 🇨🇭 Bank of International Settlement says rising govt debt threatens financial stability and causes inflation. Correct! Opt out with #Bitcoin https://t.co/fRuRgKMDBI
Central banks should set a ‘high bar’ for interest rate cuts, BIS warns ‘; BIS said in its annual report that the global economy looked set for a “smooth landing” as inflation cooled and growth remained resilient. But it urged rate-setters to set a “high bar for policy…
.@BIS_org sends fiscal debt warning and cautions against premature easing of monetary policy as #crypto traders expect #Fed to cut rates later this year. @godbole17 reports https://t.co/lCdAaYGO2l
Beware of market’s sudden wrath over debt, the BIS tells governments https://t.co/tZ74bzC6tc via @bbenrath https://t.co/sFaXBwBk2G
Soaring government debt could roil global financial markets, warns BIS director https://t.co/ZHxPCLJJj0
Countries must be prepared to raise interest rates again if inflationary pressures return, a top central bank has warned https://t.co/8lqSekvJH8
BIS sends government debt warning before important elections https://t.co/0hpL7FIaEV
Central banks should set a ‘high bar’ for interest rate cuts, BIS warns via @FT https://t.co/YoG4gN5GXB
The BIS is warning about how quickly debt can destroy public confidence. This is happening as: • central banks stockpile gold • countries work CBDCs • tensions run hot around the world • we see gold currencies introduced • a battle for minerals Alright.
BREAKING NEWS THE BANK FOR INTERNATIONAL SETTLEMENTS IS WARNING THAT INDEBTED COUNTRIES ARE VULNERABLE TO A PRECIPITOUS LOSS OF CONFIDENCE EVEN THOUGH THAT RISK IS BARELY ACKNOWLEDGED IN BOND MARKETS The entire world is buried in debt. "Loss of confidence."
Central banks should avoid cutting interest rates too soon owing to the risk of a fresh flare-up in inflation, the Bank for International Settlements has warned, as policymakers around the world weigh up how quickly to ease monetary policy. https://t.co/rNPvP22CUL
Bank for International Settlements (BIS) sends government debt warning before important elections, France, Britain, US among those holding elections this year https://t.co/scQN0n38Vf via @Reuters https://t.co/ilgLAnIiIF
⚠️ BIS SENDS GOVERNMENT DEBT WARNING BEFORE IMPORTANT ELECTIONS Full Story → https://t.co/XRK9KbJuAC https://t.co/xBtnwshGMY
Indebted countries are vulnerable to a precipitous loss of confidence even though that risk is barely acknowledged in bond markets, the Bank for International Settlements warned https://t.co/Yam8ydjLo7
Central banks should set a ‘high bar’ for interest rate cuts, BIS warns https://t.co/XyeT2qbaLo