by Motoko Aizawa, Managing Director, IHRB USA.
This commentary was originally published on RightingFinance and reproduced here with permission. The work of central banks is not easily understood and often takes place out of direct public view. Equipped with traditional macroeconomic tools of the trade, central bankers fulfill their main function - to keep prices stable by fighting inflation - through regulation of money supply and interest rates.
This commentary was originally published on RightingFinance and reproduced here with permission. The work of central banks is not easily understood and often takes place out of direct public view. Equipped with traditional macroeconomic tools of the trade, central bankers fulfill their main function - to keep prices stable by fighting inflation - through regulation of money supply and interest rates.