Central bank governors have channeled their powers to protect economies through the pandemic. But will they be able to deal with the fresh challenges posed by the Russia crisis and inflation?
If the unimagined magnitude and devastating harm created by the Covid pandemic were a sci-fi film, then central bank governors would be among the superheroes. After all, much like Captain America or Wonder Woman, hadn’t they channeled untold financial ammunition to protect the global economy from an alien virus that had the world topsy-turvy in deep distress?