Independence
Powell sends cautious message to markets
Bernanke says he and Yellen “very lucky” to have served under presidents who respected Fed independence; Powell pledges not to step down
Turkish central bank to hold extraordinary general meeting
January meeting likely to see early profit distribution to government, ahead of local elections
Bank of Mexico challenges public sector pay cap proposals
Central bank files complaint with Supreme Court amid concerns new law could threaten independence
Fed independence under renewed fire from Trump
President unlikely to be able to fire Jerome Powell but could exert pressure in other ways, say observers
RBI reverses course on restructuring of troubled loans
Decision goes against previous demands that banks cease policy of “extend and pretend”
Kohn ‘deeply’ worried Fed might not have support to fight next crisis
Former Fed official discusses political implications of financial crisis after documentary screening
Demonetisation backer becomes new RBI governor
Former civil servant Shaktikanta Das picked to take over after Urjit Patel’s resignation
Incoming Mexican president nominates close adviser as deputy governor
Left-wing economist has publicly defended central bank independence
RBI standoff ends in compromise after marathon meeting
Nine-hour meeting ends in agreement, but government extracts concessions on key issues
Three tricks to remove a troublesome Eurosystem governor
Eurozone authorities have learnt how to circumvent central bank independence – emboldened by feeble action by the European Commission
Reducing central bank independence harms economies, Poloz warns
Turkish and Argentinian governments part of “worrying” trend, Canadian governor says
Rajan sees room for disagreement between RBI and government
But former governor says triggering Section 7 would be cause to be “very worried”
Flug defends Bank of Israel’s role as government economic adviser
Departing governor clashed with executive over public spending priorities
Fiscal deficits caused persistent pressure for Mexican inflation, paper finds
Central bank independence stabilised inflation, researchers find
Government steps in as RBI row escalates
Governor Patel rumoured to have threatened resignation
UAE government overhauls central bank law
Move is “significant step” to reinforce central bank’s independence, says governor
Acharya makes pointed defence of RBI’s independence
Governments may “ignite economic fire” if they undermine the central bank, deputy says
Jamaican finance minister clears a path for central bank independence
Legislative move a “big and important step”, says Bank of Jamaica's governor Brian Wynter
Former Fed chair laments US disarray
“How can you run a democracy when nobody believes in the leadership of the country?”, Paul Volcker asks
Norwegian government recommends Norges Bank retain control of SWF
Finance ministry also proposes creating a committee for monetary policy and financial stability at central bank
Is Donald Trump undermining the Fed’s independence?
Persistent commentary could impact policy-making, but dialogue is necessary, says one observer
Debt poses a threat to African monetary policy – BIS paper
Central bankers could use their influence to encourage government prudence, authors say
Draghi warns of dangers of ‘cliff-edge Brexit’
ECB president says some governments are endangering central bank independence
Iceland to merge central bank and regulator
Reforms aim to boost trust in institutions by reforming monetary and macro-prudential policy