Interview: Charles Goodhart

In a wide-ranging interview, Professor Charles Goodhart gives his views on the main challenges facing central banks today: output gap forecasting and productivity shifts, and the role of asset prices and the exchange rate in monetary policy. He also talks about the monetary policy committee process, the role of foreign exchange reserves and e-money. By Editor Robert Pringle and Assistant Editor Benedict Weller.

Nearly all countries have now adopted a broadly similar model of monetary policy

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