Williams says interconnected markets mean events in one country rapidly spill over to impact others, making engagement critical.
“Our regular engagement is critical because the interconnected nature of global financial markets and economies means events in one country could rapidly spill over to impact others. By engaging with the offices, we build trust.”
Williams notes that interconnected global markets mean events in one country can rapidly spill over to others.
“the interconnected nature of global financial markets and economies means events in one country could rapidly spill over to impact others.”
Williams says central banks share dedication to constituents and mission regardless of geography or structure.
“These periods also reveal a common bond among central banks: our dedication to our constituents and mission, regardless of geography or structure.”
Williams says regular engagement helps central banks fine-tune approaches by learning from each other's experiences.
“I’ve found that regular engagement allows central banks to fine-tune their individual approaches, so that we can learn from one another’s experiences to better meet the needs of our constituencies.”
Williams says central bankers must constantly learn and listen across disciplines, functions, and institutions.
“To stay on top of these developments, central bankers must remain in a constant state of learning and listening, hearing from voices across disciplines, functions, and institutions.”