BIS warns 'pressure points' putting global economy at risk (opens in new tab)

In its annual report, published Sunday, the BIS -- considered the central bank of central banks -- called on monetary policy makers to "act now", to help safeguard the stability of the global economy. BIS deputy general manager Andrea Maechler acknowledged the situation was difficult. "Central banks are already facing a complex situation in a world marked by a great deal of uncertainty," she told AFP in an interview. 'Threatening financial stability' In all, BIS identified four significant pr...