3/5  BIS central bankers' speeches  So what would be the right credentials for the next president to have, with those challenges in mind? It’s a decision for European leaders and European finance ministers to take. But there are common credentials for any central bank governor. For example, part of the job profile is to understand markets.
Because, like it or not, we have to understand what markets are telling us. We don’t always have to agree. But we have to understand the language they speak.