Woolnough: Why the ECB is becoming too political

WOOLNOUGH

clock

M&G's Richard Woolnough argues the European Central Bank's independence has been compromised by its vow to "save the euro at all costs".

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Bonds

Japanese bond 'carnage' leaves investors hoping for BoJ and Fed intervention

Japanese bond 'carnage' leaves investors hoping for BoJ and Fed intervention

Japanese 10-Year yield nearly 3%

Alex Sebastian
clock 27 January 2026 • 5 min read
 The Big Interview: JPMAM's Iain Stealey is expecting fiscal expansion 'everywhere'

The Big Interview: JPMAM's Iain Stealey is expecting fiscal expansion 'everywhere'

If 2025 was finally the ‘year of the bond’

Eve Maddock-Jones
clock 09 January 2026 • 4 min read
T. Rowe Price's Ritu Vohora: Charting a course for yield amid fiscal shifts

T. Rowe Price's Ritu Vohora: Charting a course for yield amid fiscal shifts

Challenges for central banks

Ritu Vohora
clock 08 January 2026 • 4 min read
Trustpilot