There are a number of 1/3  BIS central bankers' speeches  areas where strong demand is putting pressure on available capacity, with many firms reporting difficulty in hiring workers with the right skills. This pressure on capacity is reflected in the broadening of the areas in which prices are rising more quickly than they have for some time.
I will first highlight how they differ from their global counterparts, before turning to the complex challenges they currently face. I will then conclude by discussing how macroprudential policy and regulation can help maintain banks' resilience. Recent developments for euro area banks Euro area banks' fundamentals are solid across several key areas. The first of these is profitability.