Central bank independence: what it is, what it isn’t – and the importance of accountability: remarks at the 2019 Annual Meeting of the Central Bank Research Association, Columbia University, New York, New York, July 19, 2019

Abstract: Central banks need not have independence with respect to the what ? the end goals, which are set by the elected representatives. But central banks should have independence with respect to the how ? the means of getting there.

Keywords: central bank independence; accountability; Congressional oversight; monetary policy; dual mandate;

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Bibliographic Information

Provider: Federal Reserve Bank of Boston

Part of Series: Speech

Publication Date: 2019-07-19

Number: 146