Central banks need to be more media savvy

To manage public expectations over rising interest rates, the banks should take a leaf from Donald Trump’s bookAs global economic growth gathers pace, with the International Monetary Fund reporting that all of the G20 countries are now in an expansion phase, we are at last entering a process of normalisation of interest rates and monetary policy. That shift has been a long time coming, and in 2008 few would have forecast that the impact of the financial crisis that erupted that year would