Central bank independence

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Revision as of 05:50, 23 January 2022 by imported>Doug Williamson (Add link.)
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Central banks - monetary policy.

Central bank independence means that the central bank is able to make decisions about monetary policy free from undue influence from other bodies, in particular the central government.

The purpose is to reduce the degree of short-term political pressures on the decisions of the central bank.


See also


External links