<h2>Key Concepts and Summary</h2>
<p>The most prominent task of a central bank is to conduct monetary policy, which involves changes to interest rates and credit conditions, affecting the amount of borrowing and spending in an economy. Some prominent central banks around the world include the U.S. Federal Reserve, the European Central Bank, the Bank of Japan, and the Bank of England.</p>
<h2>Glossary</h2>
<h3>central bank</h3>
<p>institution which conducts a nation’s monetary policy and regulates its banking system</p>

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Key Concepts and Summary

Economics studies social behavior guiding the allocation of scarce resources to meet the unlimited needs and desires of the individual members of a given society, and for the production of goods and services, growth of production and welfare over time, and a great variety of other complex issues of vital concern to society. 

Economics

Discover the structure and function of the Federal Reserve System, explore bank regulation and supervision, and learn how a central bank executes monetary policy and its impact on interest rates and aggregate demand.


Monetary Policy and Bank Regulation

Key Concepts and Summary

Key Concepts and Summary

Glossary

central bank

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