Alejandro Díaz de León: Remarks - The next global financial cycle in a divergent global economy

Remarks by Mr Alejandro Díaz de León, Governor of Bank of Mexico, at the 13th Annual Conference by the Central Reserve Bank of Peru, the Re-inventing Bretton Woods Committee, and the Inter-American Development Bank "The next global financial cycle in a divergent global economy, panel: central banking in a new era?", 23 July 2021.

The views expressed in this speech are those of the speaker and not the view of the BIS.

Introduction

• First, let me thank the organizers of today's conference. It is an honor to share this panel with my colleagues.
• To address today's panel "Central Banking in a New Era?" I will make some remarks on four topics: i) monetary policy; ii) financial stability; iii) payment systems, and iv) climate change.