Norges's Qvigstad - central banks are changing Liquidity policy is now at the forefront of the monetary policy scene, said Jan Qvigstad, the deputy governor of the Norges Bank.

Speaking at a workshop in Geneva, he also said that the challenge in the coming year will be to pursue a dual approach consisting of short-term action and long-term solutions.

"We must constantly be on the alert to put out fires when and where they emerge, while studying the causes of the current crisis and finding the