BIS urges targeted fiscal policy to curb inflationary risks, Nikkei says

AI Summary

The BIS has issued a warning about the need for targeted fiscal policy to manage inflationary risks that may arise from prolonged disruptions in the Middle East. Rising public debt over the last 15 years is also a concern for global financial stability.

Prolonged disruptions in the Middle East could also pose risks to global financial stability with rising public debt in the last 15 years ...