<p><a title="Claudio Borio author page" href= "https://www.bis.org/author/claudio_borio.htm">Claudio Borio</a>, Head of the BIS Monetary and Economic Department, explains the particular challenges for emerging market central banks in setting monetary policy and the multiple tools they use.</p>

Agustín Carstens: Risks to the global economy and the path to higher interest rates

Experts from the Bank for International Settlements (BIS) explain their work and discuss current issues for the global economy. As a hub for central banks and other financial regulatory and supervisory authorities, the BIS seeks to build a greater collective understanding of the world economy, foster international cooperation and support policy making.