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The Central Bank As Crisis Manager | Dr. Patrick Honohan, former Central Bank of Ireland Governor, on Crisis Management, Macroeconomic Shocks, & Tariffs

Monetary Matters with Jack Farley

CHAPTER

Central Banks in Crisis Management

This chapter examines the differing roles of central banks during price stability and financial crises, emphasizing the necessity for rapid response and strategic communication. Using the Credit Suisse-UBS takeover as a case study, it discusses the tools available to central banks and the importance of collaboration with government entities to ensure financial stability.

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