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Volatility is back

Volatility returned to markets in February, puncturing a long period of unusual calm and highlighting the tricky task central banks face in normalising accommodative monetary policies. Read more

Media briefing
Claudio Borio and Hyun Song Shin discuss the return of volatility and the resilience of cash.
Research at the BIS supports central banks in their pursuit of monetary and financial stability by providing in-depth economic analysis.
BIS statistics: designed to inform analysis of financial stability, international monetary spillovers and global liquidity

Latest data releases

Speeches and remarks by BIS Management and central bankers

BIS Management speeches


Central bankers' speeches