This environment is not devoid of challenges for monetary policy. It is quite obvious that if a central bank keeps cutting rates, sooner or later it will hit its lower bound.
We have to identify the financial education needs of the population, develop the necessary framework, and share responsibilities among the various stakeholders. 6  BIS Review 79/2010  Financial literacy requirements should be identified in a national perspective. Nonetheless, as this Symposium shows, developing common strategies and sharing information and experience at the international level is essential for satisfactory achievements.