The business models of banks have been whipsawed in recent years, first by low or even negative interest rates and lately by an inflation spike and the prospect of tightening monetary policy, with an unclear medium-term outlook. What have we learned in the meantime on how banks can cope and the possible consequences for financial stability?
Joining this episode of Financial Statements were:
Senior Fellow, Peterson Institute for International Economics (PIIE)
- Ruchir Agarwal
Economist, International Monetary Fund
- Markus Brunnermeier
Edwards S. Sanford Professor of Economics, Princeton University; Nonresident Senior Fellow, PIIE
About This Series
Financial Statements is a biweekly virtual event series hosted by Nicolas Véron that explores changes in the world of finance, encompassing themes of financial services regulation, corporate finance and governance, systemic fragility and crises, and structural changes driving business and policy trends in the financial sector.