Financial Stability Benchmarks 2022 report – executive summary
Data sheds light on how central banks are dealing with risks to stability
Preserving financial stability has always been one of central banks’ most important tasks, and one of their most difficult. In the last 15 years, central banks have had to grapple with at least three waves of severe financial instability. The first signs of widespread financial trouble became evident in 2007 and became the global financial crisis the next year. The crisis reached an extraordinary pitch in most developed economies the following year, and persisted until at least 2012 in the
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