Central Bank Independence
Coverage of Central Bank Independence in the Nexus archive.
- Warjiyo’s Departure Raises Scrutiny on BI Policy, Analysts Say
Bank Indonesia Governor Perry Warjiyo's resignation is expected to increase uncertainty and volatility in financial markets, with analysts expressing concerns about policy direction and central bank independence.
- Indonesia central bank governor Warjiyo steps down in surprise exit
Bank Indonesia Governor Perry Warjiyo has resigned unexpectedly, with President Prabowo Subianto accepting his resignation. Destry Damayanti, a senior BI deputy governor, has been named interim governor. Analysts warn the move could concern investors about central bank independence and fiscal management.
- Japan is flirting with its own Liz Truss moment
Japan is adopting policies similar to those of UK politician Liz Truss, including energy subsidies, fiscal stimulus, a weak currency, and threats to central bank independence. The article draws parallels between Japan's current economic measures and Truss's controversial approach.
- US Supreme Court rejects Trump’s unprecedented bid to fire Fed governor Lisa Cook
The US Supreme Court rejected President Donald Trump's attempt to fire Federal Reserve Governor Lisa Cook in a 5-4 ruling, preserving the central bank’s independence. The decision marked the first time a president sought to remove a Fed official since the bank’s creation in 1913.
- Fed's Powell On the Need for Independence
Federal Reserve Chair Jerome Powell emphasized the importance of central bank independence. The article highlights his stance on maintaining the Fed's autonomy in monetary policy decisions.
- Kevin Warsh sworn in as new US Fed chair
Kevin Warsh has been sworn in as the new chair of the U.S. Federal Reserve. He assumes leadership at a critical time when the central bank's independence faces increased political pressure and scrutiny.
- BOE’s Greene on Iran War Inflation, Rate Hike Expectations
Megan Greene, a Bank of England Monetary Policy Committee member, analyzes the inflationary risks from the Iran War and discusses potential rate hikes, supply shocks, and central bank independence. The article highlights economic implications of geopolitical tensions on UK monetary policy.