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Zhang Tao: The central bank's task is to restore price stability

Updated 15:54, 10-Nov-2023

The Financial Street Forum 2023 was held from November 8 to 10 in the Chinese capital Beijing with a focus on financial openness and economic cooperation this year. Zhang Tao, chief representative of the BIS Office of Asia and the Pacific, delivered a speech at the forum. "For central banks, the task is clear: They need to restore price stability," he said.

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