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April 11th 2019
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The Economist this week |
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Highlights from the latest issue |
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Our cover this week examines the threat to one of the great achievements of economics—central-bank independence. The world has grown used to low and stable inflation under the stewardship of technocrats. But President Donald Trump is laying siege to the Federal Reserve, Brexiteers are rubbishing the Bank of England and the Turkish president has been in a tug-of-war with his central bank. In India a pliant insider has cut rates ahead of an election. And the European Central Bank is poised to become part of a wider political struggle over who runs Europe’s institutions. As an economic slowdown looms, there is a need for a debate on central banks’ objectives and tools.
But not one like this.
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 Zanny Minton Beddoes, Editor-in-Chief
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Middle East and Africa
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