Curated by Project Syndicate

Targeting Central Bank Independence

4 commentaries

When central banks’ primary role was to maintain price stability, freeing them from political meddling ensured the credibility they needed to achieve their mandate. But in the wake of monetary policymakers’ massive market interventions to boost growth, many politicians are wondering if independence has gone too far.

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  1. haass102_ATTAKENAREAFPGettyImages_iranianleaderimagebehindmissiles Atta Kenare/AFP/Getty Images

    Taking on Tehran

    Richard N. Haass

    Forty years after the revolution that ousted the Shah, Iran’s unique political-religious system and government appears strong enough to withstand US pressure and to ride out the country's current economic difficulties. So how should the US minimize the risks to the region posed by the regime?

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