The Challenges Facing Central Banks
The independence of central banks is being compromised as they increasingly straddle fiscal and monetary policy.
George Magnus
February 4, 2015
A South Korean national flag, left, and a Bank of Korea flag fly outside the central bank's headquarters in Seoul, South Korea, on Thursday, Jan. 15, 2015. The Bank of Korea cut its benchmark interest rate to the lowest level since 2010 to bolster demand and price gains in Asiaís fourth-largest economy. Photographer: SeongJoon Cho/Bloomberg
SeongJoon Cho/Bloomberg
