Annual Economic Report 2022
At its Annual General Meeting on Sunday 26 June 2022, the BIS released its Annual Economic Report and its Annual Report.
Editorial
There is no respite for the global economy. Two years ago, it was shaken by the onset of the pandemic, as an overwhelming health crisis turned into an overwhelming economic crisis.
More...Chapters
Two powerful forces – the Covid-19 pandemic and the Russian invasion of Ukraine – shaped economic outcomes over the past year.
II. Inflation: a look under the hood
To better understand inflation, it is key to go beyond aggregate analysis in order to separate relative from generalised price changes and examine their joint dynamics.
III. The future monetary system
A burst of creative innovation is under way in money and payments, opening up vistas of a future digital monetary system that adapts continuously to serve the public interest.
