The Central Bank "put": with tighter financial conditions the goal, underwriting discipline is key

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<rdf:Description>
<dc:date>2022</dc:date>
<dc:description xml:lang="es">Sumario: Not all central banks puts are created equal. Relative to prior episodes of monetary tightening, today's inflation level and momentum inhibits a significant central bank pivot towards more accommodative policies. We believe the central bank "put" does still exist in case of severe financial market malfunctioning, but volatility and tighter financial conditions are currently the central bank objective and not a reason to cave in. For insurers, tighter financial conditions reinforce the need for underwriting discipline</dc:description>
<dc:identifier>https://documentacion.fundacionmapfre.org/documentacion/publico/es/bib/180731.do</dc:identifier>
<dc:language>eng</dc:language>
<dc:publisher>Swiss Re Institute</dc:publisher>
<dc:rights xml:lang="es">InC - http://rightsstatements.org/vocab/InC/1.0/</dc:rights>
<dc:subject xml:lang="es">Mercados financieros</dc:subject>
<dc:subject xml:lang="es">Inflación</dc:subject>
<dc:subject xml:lang="es">Mercado de seguros</dc:subject>
<dc:subject xml:lang="es">Suscripción de riesgos</dc:subject>
<dc:type xml:lang="es">Libros</dc:type>
<dc:title xml:lang="es">The Central Bank "put": with tighter financial conditions the goal, underwriting discipline is key</dc:title>
<dc:format xml:lang="es">2 p</dc:format>
<dc:relation xml:lang="es">Economic Insights</dc:relation>
</rdf:Description>
</rdf:RDF>