Independence
Rogoff and Pill sound warnings over inflation
Former IMF chief economist says markets are underestimating Trump’s long-term impact
QT ‘crucial’ if ECB is to tackle future crises, says Nagel
Bundesbank president says dollarisation by way of stablecoins could weaken European sovereignty
Suspended Bulgarian deputy appointed as caretaker PM
Country’s president says Gurov is only candidate not tainted by association with outgoing government
Central bank independence ‘a means to an end’ – Miran
Fed governor says autonomy increases chances of monetary policy being aligned with business cycle
Full ‘postmortem’ on QE yet to be written – Klaas Knot
Former DNB governor expects Fed to continue international monetary diplomacy under Warsh
Miran resigns from Trump’s Council of Economic Advisors
Departure from White House role comes after senators on banking committee called for his resignation
Warsh is an excellent pick for Fed chair, says Quarles
Former vice-chair believes Trump’s choice will make policy-makers feel heard
Trump has already made life harder for Warsh, say economists
Experts say president’s actions during selection process stymie Fed’s ability to tackle inflation
EU cannot fully disconnect from US, say Nagel and Kocher
German and Austrian governors say bloc can take steps to gain more sovereignty
Fed risks president’s ire by holding rates
Experts say decision was obvious way to go, given US labour market and inflation figures
People: President’s nephew confirmed as BI deputy governor
Plus new governor in Malawi and Croatia’s vice-governor to become minister
Supreme Court appears sympathetic to Cook
Conservative judges lament the way governor’s removal was handled and risks to Fed independence
Don’t count on central banks to buy public debt, says Lagarde
ECB president tells Davos panel that divergent global standards may puncture AI bubble
BI holds rates amid renewed concerns over its independence
Indonesian central bank says keeping rates at 4.75% will stabilise rupiah and encourage growth
Legal threat to Fed accelerates Asean+3 contingency planning
AMRO chief economist says central bank independence of paramount importance for stability
Bailey underscores support for Powell
BoE governor also points to potential spillover risks to UK from events in US
RBNZ head should have sought advice on Powell letter – ministers
Political leaders say they would still have supported Breman’s decision, regardless of advice offered
Fallout of criminal probe into Powell continues
Trump’s investigation faces backlash at home, in Congress and abroad
Goolsbee backs Powell and raises tariff concerns
Chicago Fed chief says tampering with independence increases inflation risks
St Louis Fed chief says independence remains critical
Musalem adds that there is little reason for further policy easing in near term
Sticky fears about sticky inflation
Survey finds investors are not yet ready to declare victory on inflation – with good reason