Second, as they need to retain the ability to perform their mandates indefinitely and in all sorts of circumstances, central banks must take the long view and adopt an investment strategy that is robust to extreme events over an extended horizon. Finally, two further constraints are generally applied by central banks because of their public nature: neutrality (i.e.
So let us return to our workplaces with clear and definite goals of how we can apply the lessons learnt from today’s conference in our respective work areas.