Citigroup: Changes in Debt Maturity May Threaten the Independence of European Central Banks

Citigroup stated that if the trend of issuing short-term bonds encourages politicians to push for lower interest rates, the independence of central banks in Europe may be threatened in the coming years. The U.S. monetary policy has been under pressure due to repeated demands for interest rate cuts from the Trump administration, and the Department of Justice recently threatened to bring criminal charges against the Federal Reserve