ECB Draghi: Central banks shouldn't be subject to fiscal or political dominance
Does not speak on the economy
- central banks should not be subject to physical or political dominance and should be free to choose the instruments that are most appropriate to deliver its mandate
- we are witnessing major demographic and technological changes, but these do not necessarily imply that structural factors are the main drivers of inflation
- if central banks were less independent, it would eventually de-anchor inflation expectations
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