Economics
Should Central Banks Be Responsible for Saving the World?
In a time of crisis, three top economists discuss the institutions’ role when it comes to climate, income inequality and everything else.
The U.S. Federal Reserve building in Washington
Photographer: Stefani Reynolds/BloombergThis article is for subscribers only.
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As if controlling spiraling inflation wasn’t enough to worry about, the world’s central bankers are under increasing pressure to help solve climate change, income inequality and myriad other societal ills. What’s more, elected officials in some nations are trying to exert more power over bankers for political ends.