Central banks struggling to exit ‘confused period’, economists say
Financial crisis forced turbulent period of regime change on central banks
Central banks are still caught up in a turbulent period of regime change since the 2008 financial crisis, panellists at an event organised by Brussels-based think tank Bruegel said today (January 18).
Charles Goodhart, a professor of economics at the London School of Economics, said the past century had seen central banks tend to pass from a period of stability – where their role and relationship with government was relatively fixed – to a "confused period" of change, and back again.
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