Updated May 11, 2023, 6:31 p.m. Published Dec 6, 2021, 8:31 p.m.
The headquarters of the Bank for International Settlements (BIS) is seen in Basel, Switzerland, on Tuesday, June 25, 2013. Central banks can't expand loose monetary policy without exacerbating risks to world economies, the Bank for International Settlements said this week. Photographer: Gianluca Colla/Bloomberg via Getty Images
