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BIS Warns on Global Financial Stability Risks
Central bankers are sounding the alarm over heightened risks to global financial stability, citing a surge in retail investor participation in equity markets and the activities of highly leveraged hedge funds. The Bank of International Settlements (BIS), often referred to as the central bank for central banks, has issued a stark warning in its latest annual economic report. The BIS serves as a forum for central banks, fostering international monetary and financial cooperation and acting as a bank for central banks [...]