Manuela Moschella is Associate Professor of International Political Economy at the Scuola Normale Superiore and Associate Fellow at the Europe Programme at Chatham House.

January 21, 2023

Analysis

Unmaking Orthodoxies

The reputational limits of central banks

After a decade of low or negative interest rates, central banks are back in the business of fighting inflation. One of the clearest signs of the change in monetary policy stance is the largely synchronized tightening across high-income countries—last year,…