
BIS Media Briefing - Annual Economic Report 2025
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Navigating Economic Uncertainties in 2025
This chapter explores the fragile state of the global economy in 2025, marked by cautious optimism amidst rising uncertainties and the effects of broad-based tariffs by the U.S. It discusses the importance of central bank independence, necessary fiscal reforms, and the evolving financial landscape, emphasizing the need for proactive strategies to ensure economic resilience. The chapter also highlights the crucial balance between government policies and central bank autonomy to maintain stability and foster growth.
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