What Should a 21st Century Central Bank Look Like? bloomberg.com

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What Should a 21st Century Central Bank Look Like? bloomberg.com

2026-08-10 @ 13:58

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For almost 50 years, since then-Federal Reserve Chair Paul Volcker showed enormous courage by pushing interest rates to 20% to vanquish sky-high inflation, central bank independence has served the global economy extremely well. It has unleashed historic prosperity and smoothed boom-and-bust cycles. That very success — and the power bestowed on policymakers — has also come at a price that lawmakers say is now due.

Source: bloomberg.com

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Risk Warning​

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