However, at the end of the 1970s, the US Fed led by Paul Volcker raised interest rates to curb inflation. As a result, interest rates in global financial markets rose and the world economy went into a deep recession.
Ensure business continuity with large foreign providers: The failure of a Fintech or Bigtech could have substantial spill-overs. 5. Global coordination to address jurisdictional gaps. 1/2  BIS central bankers' speeches  6. Client protection. 7. Cybersecurity. Mexican Financial Authorities are working on the adoption of these policy anchors.