Money printing is making central banks more political, Bank of England official warns

The Telegraph | Jul 21, 2019 at 2:29 PM
  • Vast money-printing programmes since the financial crisis are dragging central banks into the political sphere and blurring policy lines, a top official at the Bank of England has warned amid growing attacks on their independence.
  • Andrew Hauser, executive director for markets at the Bank, believes that quantitative easing (QE), also known as money printing, has made central banks’ relationships with governments “more complicated” and “fuzzied” the divide.
  • The Bank is “conscious” of this new pressure as the experimental QE programmes…