Most central banks have policy independence
But some respondents provide details of pressure they have faced to change policy
The majority of central banks providing data to the Governance Benchmarks 2024 say they have independence in matters of monetary policy and financial stability.
Forty-one (93.2%) of 44 respondents in the sample say they have independence in matters of monetary policy. Similarly, 43 (95.6%) of 45 central banks say they have independence in matters of financial stability.
In a separate question, however, Central Banking asked if respondents had come under pressure from influential groups in the
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Board non-execs more likely to be appointed by governments
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But one in 10 respondents see their autonomy threatened
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