3. The Roles of Central Banks
f. describe roles and objectives of central banks;
What are the six roles of all central banks? 1. Issue currency 2. The government’s bank, and the bank of banks 3. Lender of last resort to the banking sector 4. Regulator and supervisor of the payments system 5. Set monetary policy 6. Regulate the banking system
Source:
CFA
Graph:
- 115.030.50 Economics - Reading 16 - Monetary and Fiscal Policy to 115.030.50.03 Economics - Reading 16 - 3. The Roles of Central Banks