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It's not easy running a central bank in these strange political times


Business Line

It's not easy running a central bank in these strange political times

As the year comes to an end, Business Line looks back at some of the main economic changes of 2016.

During the year the US Federal Reserve and the UK’s Bank of England experienced the impact of a changing, more populist, political landscape, and that is something the European Central Bank seems set to face in 2017 with elections due in several large eurozone countries.

As a result they have all been warning about uncertainty and are reluctant to come up with clear forecasts, making it more difficult to focus only on their traditional areas of responsibility.

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