Raphael Auer is Senior Adviser for International Macro at the Bank for International Settlements. From 2022 to 2026, he headed the BIS Innovation Hub Eurosystem Centre in Paris and Frankfurt. He previously served as Principal Economist in the BIS Innovation and Digital Economy and Monetary Policy units, and before that as Deputy Head of International Trade and Capital Flows at the Swiss National Bank. He holds a PhD in economics from MIT. His work focuses on international macroeconomics, monetary policy and the transmission of global shocks. He has published widely on these topics and has also contributed extensively to policy and research on digital currencies, payments, financial market infrastructures and emerging technologies.