Credit booms and credit busts

Interview with Mr Claudio Borio, Head of the Monetary and Economic Department, and the Institute for New Economic Thinking (INET), 10 July 2015.

BIS speech  | 
10 July 2015

There is now a growing consensus among policymakers and academics that a key element to improve safeguards against financial instability is to strengthen the "macroprudential" orientation of regulatory and supervisory frameworks. Claudio Borio speaks with INET's Marshall Auerback on this topic.