The quiet revolution: Central banks emerge as global stabilisers beyond economics – Daniel Moss

In the realm of global finance, central banks are emerging as unsung heroes, guiding economies through crises and challenges. Once vilified, figures like Federal Reserve Chair Jerome Powell are now hailed as saviours. As the predicted global recession delays, inflation recedes, and interest-rate cuts loom, central banks remain vigilant. Beyond economic concerns, their role in statecraft, from handling financial crises to influencing geopolitical strategy, is increasingly vital. History reveals their pivotal role, making them indispensable in achieving national goals. The often-overlooked dance of monetary guardians is a critical element in the complex symphony of global affairs.

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How Central Banks Saved the World. And Will Again: Daniel Moss

By Daniel Moss

To hear it from bulls, the newborn year already belongs to central banks. Reviled not long ago for letting prices surge, Federal Reserve Chair Jerome Powell and his peers have been anointed by traders as saviors of the world. Those clapping the loudest probably don't know how right they are.   

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