Former Bank of England governor Sir Mervyn King has never shied away from expressing his opinion. Here, he sits down with his friend Martin Wolf — the FT’s chief economics commentator — to discuss some of the thorniest problems central banks now face: Will rate-setters manage to stay independent in the era of Trump 2.0? What should they do about cryptocurrencies? And how can they regain credibility after getting inflation so wrong?

Martin Wolf is chief economics commentator at the Financial Times. You can find his column here

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Presented by Martin Wolf. Produced by Laurence Knight. Manuela Saragosa is the executive producer. Original music by Breen Turner. Audio mix by Simon Panayi. The FT’s head of audio is Cheryl Brumley.

Read a transcript of this episode on FT.com

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Martin Wolf talks to Mervyn King: why central banks got inflation wrong

The Economics Show

Martin Wolf talks to Mervyn King: why central banks got inflation wrong