Citi Says Europe Could Also Face Central Bank Independence Risk

📚Bağlam ve Tarihsel Perspektif

Central banks are traditionally seen as independent entities tasked with managing inflation and ensuring economic stability. However, political pressures can arise, especially during times of economic uncertainty, prompting discussions about interest rate adjustments. The trend towards shorter-dated bonds may signal a shift in how governments approach fiscal management, potentially encroaching on the autonomy of central banks.