Motilal Oswal
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Motilal Oswal
Finance

Independence has served central banks well, says IMF chief Christine Lagarde

Updated : April 14, 2019 10:04 AM IST

The IMF managing director's remarks come as some central bankers around the world face increased pressure to bend to the objectives of political leaders and heads of state.
US President Donald Trump in particular has attacked the Federal Reserve for raising interest rates last year, demanding that it cut rates and naming political loyalists as potential candidates for vacancy's on the Fed's board.
Independence has served central banks well, says IMF chief Christine Lagarde
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