Senior figures disagree over future of central bank mandates

otmar-issing-9-16
Otmar Issing
Photo: Mario Schmitt

Central banks have benefited from being granted independence, but whether the current model should be changed is less clear, a panel of economists and central bankers said today (September 28).

They examined whether the current model of central bank independence was fit for purpose, under the chairmanship of Ricardo Reis, a professor at the London School of Economics. The panel was part of a conference celebrating 20 years since the Bank of England was granted independence.

“Over the last 20

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