Latest news and articles about central bank independence from NEX English
European Central Bank President Christine Lagarde stressed the importance of maintaining central bank independence in light of increasing global challenges. She warned that governments might seek to tighten their grip on monetary authorities.
Jerome Powell, the Chairman of the Federal Reserve, is under increasing pressure to control inflation while maintaining the central bank's independence. Political and economic challenges threaten to disrupt his efforts in managing the U.S. economy.
Kenneth Rogoff, former chief economist at the International Monetary Fund, urged Japanese Prime Minister Sanae Takaitchi to respect the independence of the central bank, warning of the implications of rising bond yields. This warning was issued during a meeting of Japan's Council on Economic and Fiscal Policy.