Populism challenges central banking independence, Bruegel says

Charles Goodhart
Charles Goodhart

Populism is challenging the consensus about independent central banks, but also offers the possibility of opening overdue debates on inflation targeting, according to several recent studies.

Brussels-based think-tank Bruegel has gathered various works on the matter on its blog.  

While it is possible for monetary policy to remain fully independent, financial supervision creates new challenges to this independence. It is therefore important to have adequate mechanisms in place to “guard the

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