Liz Truss Predicts a “Reckoning” for Central Banks: US GDP Surges 3.3% as UK Faces Inflation & Job Cuts
A Reckoning for Central Banks?” Liz Truss’s Warning, the U.S. GDP Revisions, and the UK’s Tightrope Economy - Dr. Sanjaykumar Pawar Table of Contents The Headline & Why It Matters What Truss Said—and the Fault Lines It Exposed Central Bank Independence 101 (and why markets care) The Data Picture: U.S. Surprise vs UK Headwinds Policy Dilemmas: Credibility, Growth, and “Room to Maneuver” Scenarios: What Happens Next? Investor & Business Playbook Conclusion: Oversight vs Overreach FAQ 1) The Headline & Why It Matters Former UK Prime Minister Liz Truss stirred debate by predicting a "reckoning" for central banks, urging stronger political oversight. Her comments echo rising U.S. political pressure on the Federal Reserve, as policymakers worldwide wrestle with the balance between economic growth and inflation control. Truss’s remarks came the same day U.S. Q2 GDP was revised upward to a robust 3.3%, largely driven by AI-related investments. Meanw...