Changes in the field of central banking over the past two decades have been nothing short of dramatic. Moreover, they have spanned the globe. They include the i

Changes in the field of central banking over the past two decades have been nothing short of dramatic. They include the importance of central bank autonomy, the

It may be possible to claim that, generally speaking, central banks around the world have never before held such a central and well-respected position in their

Increasing global financial market integration is presenting new challenges to central banks as they seek to attain low inflation and financial stability. This

In the wake of the 2008–09 global financial crisis, central banking and monetary policy in many corners of the world came under intense pressure and entered u