Pandemic is top stability concern for benchmark respondents
House prices, cyber crime and crypto assets are also major worries for central banks
Central banks that responded to the Financial Stability Benchmarks 2021 were asked what they saw as the greatest threat to financial stability.
The top concerns were about the effects of the Covid-19 pandemic, followed by cyber crime and housing prices.
We asked participants to rate 28 threats to financial stability on a scale of 0 (not concerning) to 3 (very concerning).
Participants were on average most worried about the economic effects of the pandemic, which had a mean score of 1.97
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