What happens to central banks under pressure?

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About this episode

President Donald Trump has been pressuring the Federal Reserve from a few angles. So we wanted to look at other examples of political pressure on central banks, to see what it might mean for us and for the economy. Enter the watchers. The people who’ve had their eyes trained on central banks all over the world, for years, notebooks out, scribbling down their observations. They’ve been trying to gauge just how independent of political pressure central banks actually are – and what happens when a central bank loses that independence. Today on the show, we sidle up next to three of the leading central bank watchers, to watch what they’re watching. Further reading: - Carolina Garriga’s:…