Lull in hostile criticisms from politicians

The New Year seems to have started on an unusually harmonious note as far as relations between central banks and politicians are concerned. With policy interest rates on hold in the UK and euro areas, and perhaps soon to reach a plateau in the US, politicians haven't got an easy target to shoot at in those regions.


The Bank of England reached the peak of its tightening cycle without any political comment, and in the US only praise can be heard in Washington for Alan

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