When central bankers’ powers run out, Low trust impedes digital currency plans, and more
THE WEEKEND REVIEW
Latest opinion and analysis from OMFIF around the world
17-21 February 2020, Vol.11 Ed.6
When central bankers’ powers run out: How can central banks and the outside world tell that their vaunted independence is under threat? In view of clouds over the world economy and controversy over whether monetary policy can counter lower growth, central bankers believe political pressure can become a major factor hindering their ability to fulfil their mandates, writes David Marsh.