Central bank independence, inflation and crises: what interactions?

Over the past 15 years, a number of big crises and shocks have required central banks to take extraordinary action. Their mission has tended to broaden and increase. Given the scope and complexity of the shocks, interactions between various policy areas – monetary, financial stability, fiscal and even health, energy and defence – have been highlighted. The notion of independent central banks in charge of a single (or even dual) mandate is put to test and questioned. This workshop brings together eminent researchers in the field to discuss recent advances in their research to gain insights on these complex interactions and to understand, where central banks as independent guardians of price stability are moving.