Liikanen adds voice to defenders of central bank independence

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Central bank independence is under threat and should be defended, according to Erkki Liikanen, the governor of the Bank of Finland.

Speaking at a conference organised by the National Bank of Slovakia, Liikanen said independence was "essential" in keeping inflation expectations well anchored. "One of the lasting lessons learned in the last decades is the value of the independence of monetary policy," he said.

The governor highlighted two main threats that central bank independence was currently

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