Central bank independence is becoming a campaign issue in the U.S. presidential election. On this week’s episode, host Carmel Crimmins looks at the origins of central bank independence and what it means in practice. She talks to European Economics Editor Mark John and to Jonathan Spicer, Reuters Bureau Chief in Turkey and a former Fed correspondent, about the interplay of politics and monetary policy. Plus, come with us to a fabrics factory outside Istanbul to hear about business life under yo-yoing interest rates.
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