Inflation defenses are no match for debt burden
https://www.reuters.com/commentary/breakingviews/inflation-defences-are-no-match-debt-burden-2025-09-11
Indebted Western governments face the temptation to let higher prices erode their heavy borrowings. Independent central banks, index-linked debt and fixed exchange rates are designed to resist that impulse. However, none is strong enough to provide an insurmountable barrier.
https://www.reuters.com/commentary/breakingviews/inflation-defences-are-no-match-debt-burden-2025-09-11
Indebted Western governments face the temptation to let higher prices erode their heavy borrowings. Independent central banks, index-linked debt and fixed exchange rates are designed to resist that impulse. However, none is strong enough to provide an insurmountable barrier.
We are perilously close to another inflation shock
https://www.telegraph.co.uk/business/2025/08/23/how-price-stability-lost-out-to-fiscal-dominance/
Central banks are under siege from their political masters. The consequences could be severe.
https://www.telegraph.co.uk/business/2025/08/23/how-price-stability-lost-out-to-fiscal-dominance/
Central banks are under siege from their political masters. The consequences could be severe.
Investors warn of ‘new era of fiscal dominance’ in global markets
https://www.ft.com/content/8478aaac-0d16-4c52-8d8c-caad02785d20
Combination of record government debt and rising borrowing costs puts central banks under pressure.
https://www.ft.com/content/8478aaac-0d16-4c52-8d8c-caad02785d20
Combination of record government debt and rising borrowing costs puts central banks under pressure.
Trump's interest rate demands put 'fiscal dominance' in market spotlight
https://www.reuters.com/world/us/trumps-interest-rate-demands-put-fiscal-dominance-market-spotlight-2025-08-19
Ex-Fed Governor Warsh says new accord between Treasury, central bank needed
https://www.reuters.com/business/ex-fed-governor-warsh-says-new-accord-between-treasury-central-bank-needed-2025-07-17
https://www.reuters.com/world/us/trumps-interest-rate-demands-put-fiscal-dominance-market-spotlight-2025-08-19
https://www.reuters.com/business/ex-fed-governor-warsh-says-new-accord-between-treasury-central-bank-needed-2025-07-17
Related:
Investors beware: Fiscal dominance and financial repression ahead by VIVEKANAND JAYAKUMAR, The Hill - 07/13/25