Policy-maker votes largely kept secret

Most central banks do not reveal how individual monetary policy-makers vote

Most central banks choose to keep the votes of their monetary policy-makers secret.

Central bankers are unelected with important powers. Although most agree some degree of transparency over policy-making is necessary, Central Banking’s data suggests this does not tend to include publishing details of votes and dissents.

In Central Banking’s Monetary Policy Benchmarks 2021, data from 31 central banks revealed that 77% of central banks do not disclose how individual policy-makers voted. A

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