Claudio Borio

Former Head of the Monetary and Economic Department

All BIS publications (94)

BIS Economic Paper No 36 1 Feb 1993

The nature and management of payment system risks: an international perspective

Over the last two decades rapid technological change, deregulation and a tendency for asset prices to display greater…

Claudio Borio

and

Paul Van den Bergh

BIS Working Paper No 15 1 Nov 1990

Financial arrangements, 'soft' budget constraints and inflation: lessons from the Yugoslav experience

Abstract of BIS Working Papers No. 15

Claudio Borio

BIS Economic Paper No 28 1 Oct 1990

and

Phurichai Rungcharoenkitkul

External publication 1 Aug 2018

La política monetaria cercada por un movimiento de pinzas

Piti Disyatat

Claudio Borio

Mikael Juselius

and

Phurichai Rungcharoenkitkul

External publication 22 May 2018

Monetary policy in the grip of a pincer movement

Piti Disyatat

Claudio Borio

Mikael Juselius

and

Phurichai Rungcharoenkitkul

External publication 1 Dec 2017

Monetary policy and bank lending in a low interest rate

Claudio Borio

and

Leonardo Gambacorta

External publication 1 Dec 2017

Monetary policy and bank lending in a low interest rate environment: diminishing effectiveness?

Claudio Borio

and

Leonardo Gambacorta

External publication 1 Nov 2017

Reshaping our understanding of inflation

Claudio Borio

External publication 1 Sep 2017

Monetary policy, the financial cycle and ultra-low interest rates

Piti Disyatat

Claudio Borio

Mathias Drehmann

and

Mikael Juselius

External publication 19 May 2017

The influence of monetary policy on bank profitability

Boris Hofmann

Claudio Borio

and

Leonardo Gambacorta

External publication 1 May 2017

Fiscal sustainability and the financial cycle

Claudio Borio

All speeches (76)

Speech 20 Oct 2020

Is inflation dead or hibernating?

Speech by Mr Claudio Borio, Head of the Monetary and Economic Department of the BIS, at the Barclays 24th Annual Global…

Claudio Borio

Speech 30 Sep 2020

When the unconventional becomes conventional

Speech by Mr Claudio Borio, Head of the Monetary and Economic Department of the BIS, at "The ECB and Its Watchers XXI", 30…

Claudio Borio

Speech 22 Jul 2020

The Covid-19 economic crisis: dangerously unique

Speech by Mr Claudio Borio, Head of the Monetary and Economic Department of the BIS, at the National Association for Business…

Claudio Borio

Coronavirus

Speech 30 Jun 2020

The prudential response to the Covid-19 crisis

Speech by Mr Claudio Borio, Head of the Monetary and Economic Department of the BIS, on the occasion of the Bank's Annual…

Claudio Borio

Speech 29 Jun 2020

BIS Media Briefing 29 June 2020 - Annual Economic Report 2020

Agustín Carstens, General Manager; Luiz Pereira da Silva, Deputy General Manager; Claudio Borio, Head of the Monetary and…

Agustín Carstens

Luiz Awazu Pereira da Silva

Claudio Borio

and

Hyun Song Shin

Speech 29 Feb 2020

BIS Quarterly Review, March 2020 - media remarks

Markets had a rude awakening last week. After an initial, short-lived shock in January, market participants had taken a rather…

Claudio Borio

Speech 7 Dec 2019

BIS Quarterly Review, December 2019 - media briefing

The previous quarter saw financial markets torn between two forces: trade tensions pushed them down; monetary policy easing…

Claudio Borio

and

Hyun Song Shin

Speech 21 Nov 2019

The expectations on central banks are simply too great

Original quotes from interview with Mr Claudio Borio, Head of the Monetary and Economic Department of the BIS, in Germany's…

Claudio Borio

Speech 19 Nov 2019

A tale of two financial cycles: domestic and global

Lecture by Claudio Borio, Head of the Monetary and Economic Department, at the University of Zürich, Zürich, 19 November 2019.

Claudio Borio

All videos (80)

03:16:32

Claudio Borio keynote interview with the Financial Times' Chris Giles at the Made in Italy Summit

Video 4 Oct 2022

Claudio Borio keynote interview with the Financial Times' Chris Giles at the Made in Italy Summit

(Claudio Borio at 2:09:36) Claudio Borio discusses the outlook for global inflation with the Financial Times' Chris Giles, at…

Claudio Borio

01:55:12

MNB-NBP Conference - Competitiveness and Sustainable Economic Growth in the CEE region

Video 29 Sep 2022

MNB-NBP Conference - Competitiveness and Sustainable Economic Growth in the CEE region

Claudio Borio

00:31:54

BIS Quarterly Review, September 2022 - media briefing

Video 16 Sep 2022

BIS Quarterly Review, September 2022 - media briefing

Claudio Borio and Hyun Song Shin brief the media on the key takeaways of the BIS September 2022 Quarterly Review.

Claudio Borio

and

Hyun Song Shin

06:33:38

The State of Monetary Policy after 40 Years: What Have We Learned?

Video 8 Sep 2022

The State of Monetary Policy after 40 Years: What Have We Learned?

(Claudio Borio at 01:02:20)

Claudio Borio

00:19:11

Inflation: a look under the hood

Video 26 Jun 2022

Inflation: a look under the hood

Claudio Borio looks "under the hood" of inflation to identify how its engine works. Read more in our Annual Economic Report.

Claudio Borio

00:02:05

Inflation: looking under the hood

Video 26 Jun 2022

Inflation: looking under the hood

Looking "under the hood" of inflation provides fresh insights into the inflation process, represented by two very different…

Claudio Borio

00:56:26

BIS Media Briefing - Annual Economic Report 2022

Video 23 Jun 2022

BIS Media Briefing - Annual Economic Report 2022

Agustín Carstens, Claudio Borio and Hyun Song Shin brief the media on the main messages of the Annual Economic Report.

Claudio Borio

Hyun Song Shin

and

Agustín Carstens

01:29:05

The return of inflation

Video 23 May 2022

The return of inflation

49th OeNB Annual Economic Conference and 35th SUERF Colloquium.

Claudio Borio

05:21:40

Challenges of contemporary central banks

Video 11 May 2022

Challenges of contemporary central banks

Claudio Borio discusses how best to reconcile price stability with financial and economic stability, in the context of major…

Claudio Borio

All podcasts (17)

00:46:22

Podcast 9 Dec 2024

Media briefing on the BIS Quarterly Review, December 2024

Claudio Borio and Hyun Song Shin summarise the December 2024 Quarterly Review and answer journalists' questions about financial…

Claudio Borio

and

Hyun Song Shin

0:00 0:00

00:32:03

Podcast 16 Sep 2024

Media briefing on the BIS Quarterly Review, September 2024

Claudio Borio and Hyun Song Shin summarise the September 2024 Quarterly Review and answer journalists' questions about…

Claudio Borio

and

Hyun Song Shin

0:00 0:00

00:17:46

Podcast 30 Jun 2024

Monetary policy in the 21st century: lessons learned and challenges ahead

Claudio Borio discusses the lessons learned for monetary policy from the extraordinary events of the past 25 years, and looks…

Claudio Borio

0:00 0:00

00:32:21

Podcast 4 Mar 2024

Media briefing on the BIS Quarterly Review, March 2024

Claudio Borio and Hyun Song Shin summarise the March 2024 Quarterly Review and answer journalists' questions about financial…

Claudio Borio

and

Hyun Song Shin

0:00 0:00

00:50:58

Podcast 8 Jan 2024

The future of central bank operating systems

Claudio Borio talks about central bank operating systems and the challenge of large balance sheets at central banks.

Claudio Borio

0:00 0:00

00:37:10

Podcast 4 Dec 2023

Media briefing on the BIS Quarterly Review, December 2023

Claudio Borio and Hyun Song Shin summarise the December 2023 Quarterly Review and answer journalists' questions about financial…

Claudio Borio

and

Hyun Song Shin

0:00 0:00

00:35:42

Podcast 18 Sep 2023

Media briefing on the BIS Quarterly Review, September 2023

Claudio Borio and Hyun Song Shin summarise the September 2023 Quarterly Review and answer journalists' questions about…

Claudio Borio

and

Hyun Song Shin

0:00 0:00

00:29:00

Podcast 4 Jul 2023

Why central banks cannot relax in inflation fight

Claudio Borio speaks to Francesco Guerrera about inflation, monetary policy and financial stability risks.

Claudio Borio

0:00 0:00

00:26:06

Podcast 25 Jun 2023

Monetary and fiscal policy interactions

Claudio Borio offers a historic perspective on the interaction of fiscal and monetary policy to better understand the…

Claudio Borio

0:00 0:00

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Claudio Borio

Former Head of the Monetary and Economic Department

All BIS publications (94)

The nature and management of payment system risks: an international perspective

Financial arrangements, 'soft' budget constraints and inflation: lessons from the Yugoslav experience

Banks' involvement in highly leveraged transactions

Leverage and financing of non-financial companies: an international perspective

All external publications (130)

The "real" illusion: how monetary factors matter in low-for-long rates

La política monetaria cercada por un movimiento de pinzas

Monetary policy in the grip of a pincer movement

Monetary policy and bank lending in a low interest rate

Monetary policy and bank lending in a low interest rate environment: diminishing effectiveness?

Reshaping our understanding of inflation

Monetary policy, the financial cycle and ultra-low interest rates

The influence of monetary policy on bank profitability

Fiscal sustainability and the financial cycle

All speeches (76)

Is inflation dead or hibernating?

When the unconventional becomes conventional

The Covid-19 economic crisis: dangerously unique

The prudential response to the Covid-19 crisis

BIS Media Briefing 29 June 2020 - Annual Economic Report 2020

BIS Quarterly Review, March 2020 - media remarks

BIS Quarterly Review, December 2019 - media briefing

The expectations on central banks are simply too great

A tale of two financial cycles: domestic and global

All videos (80)

Claudio Borio keynote interview with the Financial Times' Chris Giles at the Made in Italy Summit

MNB-NBP Conference - Competitiveness and Sustainable Economic Growth in the CEE region

BIS Quarterly Review, September 2022 - media briefing

The State of Monetary Policy after 40 Years: What Have We Learned?

Inflation: a look under the hood

Inflation: looking under the hood

BIS Media Briefing - Annual Economic Report 2022

The return of inflation

Challenges of contemporary central banks

All podcasts (17)

Media briefing on the BIS Quarterly Review, December 2024

Media briefing on the BIS Quarterly Review, September 2024

Monetary policy in the 21st century: lessons learned and challenges ahead

Media briefing on the BIS Quarterly Review, March 2024

The future of central bank operating systems

Media briefing on the BIS Quarterly Review, December 2023

Media briefing on the BIS Quarterly Review, September 2023

Why central banks cannot relax in inflation fight

Monetary and fiscal policy interactions

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