Wanted: paranoid and unpopular central bankers

webinar

Brought to you by centralbanking.com

A higher degree of paranoia and risk aversion should form a crucial part of central banks' post-crisis toolkits, Daniel Gros, the director of the Centre of European Policy Studies, said on Tuesday.

Speaking at the inaugural CentralBanking.com web seminar, Gros said: "The key element [of preventing future crises], ultimately, is paranoia. You need to have an institution that dislikes risk and sees it everywhere, even during a boom."

Gros added: "We need an ins

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: