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Indeed, the trade-offs monetary policy faces can become unmanageable, and sustainable macroeconomic and financial stability remain beyond reach, unless other policies also play a key role in a coherent whole – what the BIS has termed a holistic macro-financial stability framework. BIS Innovation hub - index page The BIS Innovation Hub aims to foster international collaboration on innovative financial technology within the central banking community. Our mandate is threefold: to identify and develop in-depth insights into critical trends in technology affecting central banking to develop public goods in the technology space geared towards improving the functioning of the ...