The weekly newspaper “The Economist” summed this up particularly well: “the ambiguous and occasionally conflicting nature of tacked-on goals encourages a view of central bankers as multitasking dilettantes, rather than stolid guardians of the currency”. [14] 17. Shin, H. S. (Seite), Central banks and the new world of payments, speech delivered on 30 June 2020. 18.
King, M., Monetary policy: Theory in practice, speech delivered on 7 January 2000. A clash of objectives could arise as well if, say, the central bank attempted to use its monetary policy asset purchase programmes to pursue environmental policy objectives, as these programmes need to be scaled back as soon as warranted to ensure price stability.