The Bank of England is factoring more than sky-high inflation into its base rate decisions right now.
Academic rigor, journalistic flair
Articles on Paul Volcker
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Central banks are having to choose between ruinous inflation or ruinous interest rates.
Volcker’s legacy involves more than fighting inflation – he showed why central banks need to remain free of meddling from politicians, including the president.
President Trump has been attacking the Federal Reserve for months and appears intent on nominating political allies to its board. An economist explain what typically happens next.
Top contributors
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Senior Lecturer in Economics / Director of the Institute of European Finance, Bangor University
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Professor of International Economic Affairs at The Fletcher School, Tufts University
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Associate Teaching Professor, McCourt School of Public Policy, Georgetown University
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Professor of Economics, Royal Holloway University of London
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Professor of Banking, Bangor University
