Financial Statements: Should We Worry about Central Banks Becoming Activist Capital Allocators?

In today's episode of Financial Statements, we revisited the age-old question of how far central banks may venture into discretionary capital allocation, be it for credit support or the fight against global warming. I hosted Stephen Cecchetti, Rosen Family Chair in International Finance at the Brandeis International Business School, and Signe Krogstrup, member of the Board of Governors of the Danish National Bank and a former Visiting Fellow at PIIE.