ReferIndia News Guardians of Stability: Central Bank Independence Under Siege

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Guardians of Stability: Central Bank Independence Under Siege

Published on: April 16, 2026, 11:39 p.m. | Source: Devdiscourse

Bank of France Governor François Villeroy de Galhau emphasized the necessity of central bank independence for effective monetary policy during a World Bank event. He highlighted its role in lowering inflation and interest rates amid Trump’s criticisms of Federal Reserve Chair Jerome Powell. A smooth transition to Trump's fed pick faces uncertainty.

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