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![CBankingEditor Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::845166064015069184.png) China Banking News [@CBankingEditor](/creator/twitter/CBankingEditor) on x 10.6K followers
Created: 2025-07-22 04:42:33 UTC

7/16

Monetary policy in other major economies is controlled by an independent central bank, to prevent its use by political leaders to prime the economy in the run up to elections.

Elected leaders only retain direct sway over fiscal policy - decisions on taxation and government spending.


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