Broader interpretation of CB mandates could allow for international co-ordination
International monetary policy co-ordination 'might not be off the table'
International co-ordination of monetary policies to avoid international spillovers may not be impossible, thanks to precedents set since the financial crisis for a broader interpretation of central banks' legal mandates, Bank of Finland board member Seppo Honkapohja said on Monday.
Speaking on an Asian economic panel in Helsinki, Honkapohja said that despite the mandate of "all major central banks" being focused solely on domestic policy objectives, "the interconnectedness of global financial
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