Providing this accessibility to the Bank was one of the motivations for establishing the Innovation Hub and as such it is been good to see it function as intended. For the Bank, these interactions help to build on our base of existing knowledge of innovative activity in financial services and to help us to identify trends in the market.
We all benefit from the capability, creativity, and productivity of our workforce, because nothing is more important to a healthy and growing economy. Responsible consumers skilled in managing their finances are better prepared to weather bad 1/2  BIS central bankers' speeches  times, and stronger household finances overall can help sustain economic growth and mitigate a downturn.