
Central-bank independence: the beginning of the end?
Elisabeth Lindberg and Antti Ronkainen
Rising interest rates have devalued central banks’ assets, creating demands for recapitalisation. Time for a debate.
Author profile

Antti Ronkainen is a PhD candidate in the Faculty of Social Sciences at the University of Helsinki, exploring the institutional and ideational transformations of the European Central Bank and the United States Federal Reserve from the global financial crisis to the Covid-19 pandemic.

Elisabeth Lindberg and Antti Ronkainen
Rising interest rates have devalued central banks’ assets, creating demands for recapitalisation. Time for a debate.