Most private forecasts for global economic growth for the rest of this year and the next show above-average rates, although not as strong as in 2004. The second subject I would like to say a few words about is the interaction between developments in the housing market and household spending and saving.
Only by doing can central banks remain worthy of the public’s trust. I thank you for your attention and wish you a fruitful second day at the conference. 1 Banker to central bankers – Interview with Mr Agustín Carstens, General Manager of the BIS, conducted by Mr  Vikram Khanna from Business Times and published on 24 March 2018.