Australia’s Central Bank Stopped Raising Interest Rates This Month

Financial and Monetary Systems

The management of financial and monetary systems is intimately connected to global risk - in the form of potential market meltdowns, spiralling inflation, pandemics, and heightened geopolitical tension. In the wake of the global financial crisis more than a decade ago, populist movements cast doubt on existing monetary institutions, and critics questioned efforts made by central banks to set the right course for markets. Now, these same institutions are being relied upon to help keep international financial waters calm.