Bond.az White LogoBond.az Black Logo

Supply shock, debt may hurt central bank independence: ex-Fed official

Former Fed official Donald Kohn says supply shocks and rising debt are increasing pressure on central bank independence.

Alexander Gonzalez
ByAlexander Gonzalez- Senior Editor
|
0

Former Federal Reserve official Donald Kohn said supply shocks and rising public debt could increase pressure on central bank independence.

Speaking at a conference in Tokyo, Kohn noted that politicians may blame central banks for inflation, weakening their autonomy.

Paradoxically, he argued, these pressures strengthen the case for independence. Kohn urged central banks to protect themselves through discipline, clear communication, and institutional competence.

More News
Today / 08:04
|
695

Australian Banks Face Tough Times

Australian banks face challenges from mortgage slowdown, rate hikes, and tax changes, impacting their once-favored stocks.

0
Today / 08:02
|
935

European stocks: Iran war impact

European stocks face limited gains due to the Iran war and lack of AI stocks. The STOXX 600 is seen at 645 by year-end.

0
Today / 07:01
|
876

Kashkari: Focus on Inflation Risk, Not Rate Timing

Minneapolis Fed President Neel Kashkari says the Fed must focus on inflation risks, but it's too early to predict the timing of the next rate move.

0
Today / 06:32
|
355

Azerbaijan oil price drops to $106.48

Azerbaijan's Azeri Light crude oil price drops to $106.48 per barrel, down 3.24%.

0
Today / 05:32
|
595

Thai housing demand recovers, but risks loom | Bond.az

Thai housing demand recovers in Q1 2026, but energy risks and weak purchasing power persist. Read more on Bond.az.

0
Today / 05:04
|
467

Markets Cheer, Central Banks Warn

Markets are optimistic, but central banks warn of inflation risks. Latest on oil, AI, and interest rates.

0
Today / 04:04
|
321

BlackRock Backs Large-Scale Mining M&A

BlackRock supports large-scale mining M&A as it attracts generalist investors and enables complex projects.

0
Today / 04:02
|
897

SK Hynix joins $1 trillion club on AI chip boom

SK Hynix joins $1 trillion club with Samsung and Micron, driven by AI chip demand.

0
Today / 01:34
|
964

US Kills One in Eastern Pacific Strike

U.S. military strike in Eastern Pacific kills one, two survivors rescued. Read more on Bond.az.

0
Today / 01:01
|
495

Good News for Entrepreneurs: Minister Reveals

Finance Minister Sahil Babayev reveals important updates for entrepreneurs: geopolitical challenges, non-oil exports, and support measures.

0
Yesterday / 21:01
|
465

Trump admin seeks public input on China tariff cuts

Trump admin seeks public input on which Chinese goods should get tariff cuts. $30 billion in non-strategic goods identified.

0
Yesterday / 20:31
|
710

Treasury system fully digitized in Azerbaijan

Azerbaijan's treasury system goes digital. New system cuts payment time to 2 hours. Finance Minister Sahil Babayev reveals details.

0
...