BIS latest update March 2025: Lessons for the Americas, extreme weather and fast payments

View this email in your browser March 2025 Lessons learned and challenges ahead  The inaugural Chapultepec Conference featured a keynote speech by Agustín Carstens and discussions on payment integration and monetary policy in the Americas. Economic impact of extreme weather  Droughts, storms and wildfires can reduce economic output and temporarily raise food or energy prices. Interlinking fast payment systems Emerging markets and developing economies have made considerable progress in fast payment adoption; interlinking is the next step. Global real house prices decline Global house prices declined by 1.6% year on year in real terms during the third quarter of 2024. Putting AI agents through their paces For the time being, Ai agents are likely to serve as capable co-pilots that enhance the work of human operators rather than as autonomous agents that displace human workers. More BIS publications  Media Release: Governors and Heads of Supervision endorse work programme of Basel Committee At their most recent meeting, the Group of Governors and Heads of Supervision endorsed the Basel Committee's new two-year work programme. Irving Fischer Committee report: SDMX adoption and use of open source tools Central banks are increasingly using the Statistical Data and Metadata eXchange (SDMX) standard to facilitate the seamless exchange, production and dissemination of statistical data. BIS Bulletin: Digital innovation for small businesses Tech-savvy lending improved credit access for some small and medium-sized businesses but is limited by structural factors. Upcoming 11 March: BIS Quarterly Review released 13 March: Basel Committee on Banking Supervision meets 25 March: Agustín Carstens speaks at The University of Chicago Booth School of Business Sign up for email alerts on the BIS Bulletins, FSI Briefs and other BIS publications.   Follow us X LinkedIn YouTube RSS Instagram Copyright (C) 2025 Bank for International Settlements. All rights reserved. www.bis.org Add us to your address book Update your BIS alert preferences Unsubscribe from all BIS alerts Please do not reply to this email.   You are receiving this email because you registered to one or more subscription services offered by the BIS. The BIS is not liable for any error in the content of this message and does not represent that it is uncorrupted and/or free of viruses. When subscribing for newsletters, research alerts or other services offered by the BIS, it is understood that the BIS may process your email address and name in accordance with the BIS Personal Data Protection Policy. Please refer to the BIS Privacy Notice available at https://www.bis.org/privacy.htm for more information.