Hyun Song Shin on the New Financial Stability Risks

2023-08-31 · 41 min · 13 entities

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Asserted relationships

→ appeared on Odd Lots podcast

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Hyun Song Shin on the New Financial Stability Risks
→ discusses Business concept

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evidence rules-v4
Feed category: Business
→ discusses News concept

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evidence rules-v4
Feed category: News
→ discusses Investing concept

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evidence rules-v4
Feed category: Investing
→ discusses News Commentary concept

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evidence rules-v4
Feed category: News Commentary
→ hosted by Bloomberg company

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evidence rules-v4
Feed author/publisher: Bloomberg
→ discusses Business News concept

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evidence rules-v4
Feed category: Business News

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concepts 9

mentioned Business concept

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evidence rules-v4
Feed category: Business
mentioned Investing concept

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evidence rules-v4
Feed category: Investing
mentioned News Commentary concept

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evidence rules-v4
Feed category: News Commentary
mentioned Business News concept

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evidence rules-v4
Feed category: Business News
discusses Business concept

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evidence rules-v4
Feed category: Business
discusses News concept

0.40

evidence rules-v4
Feed category: News
discusses Investing concept

0.40

evidence rules-v4
Feed category: Investing
discusses News Commentary concept

0.40

evidence rules-v4
Feed category: News Commentary
discusses Business News concept

0.40

evidence rules-v4
Feed category: Business News

companys 2

mentioned Bloomberg company

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evidence rules-v4
Feed author/publisher: Bloomberg
hosted by Bloomberg company

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evidence rules-v4
Feed author/publisher: Bloomberg

persons 1

mentioned Hyun Song Shin person

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evidence rules-v4
Hyun Song Shin on the New Financial Stability Risks

podcasts 1

appeared on Odd Lots podcast

0.63

evidence rules-v4
Hyun Song Shin on the New Financial Stability Risks

Episode description as stored

At Jackson Hole, the Kansas City Fed's annual gathering for economists and central bankers, there's a lot of focus on the short-term path of monetary policy. But, of course, the Economic Symposium is supposed to be about long-term policy frameworks. And central bankers aren't just responsible for changing benchmark interest rates — they are also financial regulators. On this episode, we speak with Hyun Song Shin, economic advisor and head of research at the Bank for International Settlements, about where he sees risks lurking in the financial system now. We discuss the shift from bank lending to bond-based borrowing, and what it means for inflation now. We talk about how even safe assets like US Treasuries can become sources of stress, such as in March 2020, the gilt crisis of last year, and most recently, the collapse of Silicon Valley Bank. We also talk about how higher interest rates are supposed to bring down inflation, but might not be doing that much currently, as well as the limits of central banking. Further listening: Big Take: Carry Trades, Explained See omnystudio.com/listener for privacy information.