Independence or Marriage?
This seminar examines the legal and operational relationship between central banks and treasury departments
Questions to be addressed include:
Should fiscal and monetary policy be viewed separately from each other?
Is central bank “independence” an obsolete concept?
What are the political implications of recent unorthodox central banking practices such as Quantitative Easing (QE), Operation Twist and Interest-On-Excess-Reserves (IOER)?
What role should central banks have in promoting full employment and price stability?