Last stand for central bank independence?

Political attacks on Yellen and Carney look like the start of a sustained assault

When US Republican presidential nominee Donald Trump lashed out at Federal Reserve chair Janet Yellen in September, saying she was creating artificially loose monetary conditions to ensure a Democratic victory in the US elections, a new low point was reached in terms of political attacks on developed world central banks.

Unfortunately, for public servants striving to ensure monetary and financial stability, this is likely to be just the opening salvo from politicians. It could even be the start

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