<p>Agustín Carstens says world economy on course for ‘smooth landing’ after inflation but political turmoil poses risk</p><p>Rising government debt levels could disturb global financial markets, the head of the body that advises central banks said on Sunday before France’s high-stakes parliamentary elections.</p><p>Agustín Carstens, the general manager of the Bank for International Settlements (BIS), said the world economy was on course for a “smooth landing” from the inflation crisis, but he warned that policymakers, especially politicians, needed to be careful.</p> <a href="https://www.theguardian.com/world/article/2024/jun/30/soaring-government-debt-could-roil-global-financial-markets-warns-bis-director">Continue reading...</a>
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