Don’t Mess with the Central Bank
Monday, September 7, 2020
THE independence of the central bank is a cornerstone of the markets’ trust in a nation’s financial system. With the central bank free of government intervention, the monetary policy of a country is more credible and trustworthy. In the end, investors become more certain when putting their money into that nation’s financial markets. The currency becomes stronger and more stable.
This classic formula is now under threat in
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