Who do ‘rock-star’ central bankers answer to?
We elect our politicians and expect their decisions to have an impact on our economy. But there’s another group of officials who are just as powerful but impossible to hold to account: central bankers. Desmond King, writing in the Financial Times in May 2018, reviews “Unelected Power: The Quest for Legitimacy in Central Banking and the Regulatory State” by Paul Tucker.
From Financial Times