Beyond Inflation: What the BIS Annual Economic Report 2026 Reveals About the Next Era of Global Financial Risk
For much of the past four decades, central banks have been judged by a relatively straightforward mandate: keep inflation under control, preserve confidence in financial markets and intervene during periods of economic stress. Financial crises certainly reshaped policy thinking from the Global Financial Crisis of 2008 to the pandemic-induced disruptions of 2020 but the underlying…