Lagarde Warns Against Political Interference in Central Bank Policymaking
#CentralBanks #PoliticalInterferenceECB President Lagarde voiced concerns over political interference in central bank operations at a Hungarian conference, hinting at Trump's rate-cut demands. The ECB is predicted to cut rates while the Fed is expected to maintain them, risking economic instability. read more
#CentralBanks #InflationBias
Jerome Powell from the US Federal Reserve meets with President Biden. Economist Kenneth Rogoff explains the likelihood of high inflation during uncertain economic times due to central bank decision-making vulnerabilities. Concerns about political influence on interest rate adjustments highlight the challenge of maintaining stable inflation rates. read more