Political meddling in monetary policy raises risks

Economic outcomes risk suffering collateral damage from the battle between politicians and ‘independent’ central banks

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In this article

  • History
  • Truman tests US Fed
  • Johnson shouts
  • Nixon shouts louder
  • Movement gains worldwide momentum
  • Measuring independence
  • Importance of independence
  • Improved data
  • Independence-inflation relationship
  • Low-middle-income countries

What is this?

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