15 July 2019
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Central bank politicisation of growing concern

Even the US Federal Reserve and the European Central Bank are no longer immune to pressure from governments.

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By Emirates NBD Research

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Central bank politicisation has been a growing concern to financial markets for some time, but it is mostly in emerging markets that this has been a serious source of worry. Now the sense is growing that in an increasingly populist world the bastions of the global monetary system such as the Federal Reserve and the European Central Bank may no longer be immune to such pressures, which could have potentially damaging consequences for the world economy.

 

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Written By

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Emirates NBD Research Research Analyst


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