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BOE’s Pill Fears Central Banks Being Pushed to Finance Deficits

BOE’s Pill Fears Central Banks Being Pushed to Finance Deficits

Key Highlights

  • The biggest threat to central banks’ independence comes from governments pushing them to finance huge fiscal deficits, according to the Bank of England’s chief economist.
  • Desk angle: we track rates, inflation, and bank balance sheets against this headline. Always read the original for filings and quotes.

The biggest threat to central banks’ independence comes from governments pushing them to finance huge fiscal deficits, according to the Bank of England’s chief economist.

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