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SNB’s Jordan: Central Bank Independence is crucial to fight inflation effectively

SNB Jordan is on the wires speaks in general terms:

  • Central bank independence is crucial to fight inflation effectively
  • central banks could face political pressures to slow down or postpone interest rate hikes to tackle inflation
  • central banks more politically vulnerable as inflation rises

Comments outline reasons why central banks in general need to remain independent. Will be on alert for any comments on monetary policy.

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