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ECB President Lagarde Warns Global Central Bank Independence Eroding; Nearly 50% Show Deteriorated De Facto Independence

GateNews

2026-05-28 07:30:15

According to Jin10, European Central Bank President Christine Lagarde warned on May 28 that central bank independence faces erosion risk as governments may seek greater control over monetary authorities. Lagarde stated that nearly half of central banks in countries representing 75% of global GDP have experienced deteriorated de facto independence over the past decade. She emphasized that maintaining independence requires not only legal frameworks but sustained public credibility, which takes years to build but can be lost quickly.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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