Greene: Is the age of central bank independence under threat?

From chathamhouse.org Watch this video at https://www.metalsmine.com/news/1370858-greene-is-the-age-of-central-bank-independence.

Over the past four decades, orthodox monetary policy has been defined by the pursuit of low and stable inflation, anchored by central bank independence and the use of interest rates as the primary lever. That framework is now being tested. The global financial crisis, a sustained period of quantitative easing, the return of inflation in the 2020s, and the pressures of climate risk, geopolitical shocks and fiscal activism are raising fundamental questions: has the orthodox consensus reached its limits? The Trump administration’s efforts to undermine the Federal Reserve, including efforts to dismiss leading policymakers, represents the most significant attack on the traditional monetary policy model. Populist political parties are increasingly taking aim at central banks and the monetary policy orthodoxy that has underpinned policy making for four decades.