5/7  BIS central bankers' speeches  Ladies and Gentlemen, While we have been focused on the implementation of the FATF Action Plan over the recent months, we cannot ignore the consequences and threats that the Covid-19 pandemic has brought in its wake, not only socio-economic upheavals, but also exposed new and emerging financial risks.
Trichet: The one has nothing to do with the other. We are observing a global increase in the prices of oil and commodities. That’s a result not of the crisis, but of the current rapid economic recovery in emerging markets. Zeit: So you will have to raise the interest rate?