The global factors further impact the decisions of the central bank, which include changes in the policies of developed countries or international economic trends.
But another point is that central banks are part of an international system. The actions of one central bank, due to interdependence among economies, can have implications for others. Consider the case in which the Federal Reserve increases interest rates.
The global factors further impact the decisions of the central bank, which include changes in the policies of developed countries or international economic trends.
But another point is that central banks are part of an international system. The actions of one central bank, due to interdependence among economies, can have implications for others. Consider the case in which the Federal Reserve increases interest rates.