It's been an extraordinary by any standards for central banks. Resistant growth in inflation, political instability and extreme fluctuations with the price of oil mean that chairs of central banks across the world face a unique and suitably dangerous set of circumstances. To look back on the year for monetary policy, former Bank of England committee member and Emeritus Professor of Banking and Finance at the London School of Economics Charles Goodhart joined Ed Bowsher in studio.

Published: Tue 3 January 2017