Central bank: is the institution responsible for monitoring and directing the banking system in the country and usually the central bank aims to the following:
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- Maintaining monetary and financial stability in the country.
- To control inflation, reduce unemployment and boost growth.
- Setting interest rates and controlling play and to act as a lender of the banking sector in crisis.
- The formulation and implementation of monetary policy of the State and the issuance of the national currency.
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These are the main goals of the central bank in any country in general and may vary from state to state.
Where banks are the main driver of the market in the state and the management of monetary policy, which would contribute in helping the economy to achieve economic balance
Required, as well as meet the economic targets that aim and aspiration of the State.
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Here, take a look at the most important six global central banks, including:
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1 - Federal Reserve Bank (FED)
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Is the banking system of the United States of America and one of the most influential central banks of the world. Given that the U.S. dollar occupies almost 90% of the
The other side of the trade in the currency market, the Fed's decisions affecting the value of many currencies.
The Committee considers that the Federal Open Market is the body responsible for making decisions on federal interest rates. This Committee is composed of 7 members
Federal plus 5 for 12 heads a federal bank in different provinces. The Fed targets price stability over the long term and continuing
The rate of economic growth. The Committee meets 8 times each year.
"Ben Bernanke" is the head of the Fed at the moment, after the former president was "Alan Greenspan," who left the post in January
2006. Different point of view "Bernanke" for "Greenspan" in the inflation target and that the printing of money is considered and a basket to avoid deflation.
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2 - European Central Bank (ECB)
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European Central Bank was established in 1999. The governing council of the European Central Bank is the body that decides on monetary policy changes.
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This council is composed of 6 members in addition to international central bank governors of 12 countries in the euro zone, and is characterized by the European Central Bank that he does not
Loves surprises and therefore, when the European Bank plans to change the interest rates it prefers to give the market a hint by warning of the next procedure of
During his remarks made by at the press conference.
European Central Bank meets twice a week, but the monetary policy decisions taken by the bank only at times accompanied by the Conference meeting
Journalist, or 11 times a year.
Head of the European Central Bank is Italian "Mario Draghi" and occupy this position was previously governor Jean-Claude Trichet.
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3 - Bank of England (BOE)
*
Include the monetary policy committee of the Bank of England (BoE) nine members are the governor and two vice governor, and two bank executives, and four experts
Appointed by the Minister of Finance.
*The Committee meets monthly and you select the MPC interest rate for the pound so that it maintains a constant inflation rate of 2.5%.
*
*
4 - Bank of Japan (BOJ)
*
Committee consists of monetary policy in the Japanese Bank of Japan's central bank governor and two deputy governor of the central bank, and six other members. Because the state relies Japan
Heavily on exports, the Bank of Japan seeks to prevent the Japanese currency from reaching the stage of excessive force and to meet Japan's monetary policy committee once
Or twice a month.
*
5 - Swiss central bank (SNB)
*
SNB has a committee composed of three members, which are responsible for making decisions on interest rates. Unlike most banks
Other central Swiss bank determines how interest rates instead of selecting a specific target for the price. As is the case in Japan and the euro zone, Switzerland is
A country heavily dependent on exports, which means that the Swiss National Bank also hopes not to be the currency of excessive force, and the bank meets on a quarterly basis any
Once every three months.
6 - Reserve Bank of Australia (RBA)
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Consists of the monetary policy committee of the Australian Bank of Australia's central bank governor, the deputy governor of the Reserve Bank of Australia, the Treasury secretary, and six
Independent members appointed by the Australian government. Australian Bank's mission is to ensure the stability of the currency, and maintaining the booming economy and rising
Employment and welfare of the Australian people. Australian Bank determines reasonable level of inflation at 2.3%. The committee meets Australian monetary policy 11 times each year,
And it is usually on the first Tuesday of every month (except January).
*
- Maintaining monetary and financial stability in the country.
- To control inflation, reduce unemployment and boost growth.
- Setting interest rates and controlling play and to act as a lender of the banking sector in crisis.
- The formulation and implementation of monetary policy of the State and the issuance of the national currency.
*
These are the main goals of the central bank in any country in general and may vary from state to state.
Where banks are the main driver of the market in the state and the management of monetary policy, which would contribute in helping the economy to achieve economic balance
Required, as well as meet the economic targets that aim and aspiration of the State.
*
Here, take a look at the most important six global central banks, including:
*
*
1 - Federal Reserve Bank (FED)
*
Is the banking system of the United States of America and one of the most influential central banks of the world. Given that the U.S. dollar occupies almost 90% of the
The other side of the trade in the currency market, the Fed's decisions affecting the value of many currencies.
The Committee considers that the Federal Open Market is the body responsible for making decisions on federal interest rates. This Committee is composed of 7 members
Federal plus 5 for 12 heads a federal bank in different provinces. The Fed targets price stability over the long term and continuing
The rate of economic growth. The Committee meets 8 times each year.
"Ben Bernanke" is the head of the Fed at the moment, after the former president was "Alan Greenspan," who left the post in January
2006. Different point of view "Bernanke" for "Greenspan" in the inflation target and that the printing of money is considered and a basket to avoid deflation.
*
*
2 - European Central Bank (ECB)
*
European Central Bank was established in 1999. The governing council of the European Central Bank is the body that decides on monetary policy changes.
*
This council is composed of 6 members in addition to international central bank governors of 12 countries in the euro zone, and is characterized by the European Central Bank that he does not
Loves surprises and therefore, when the European Bank plans to change the interest rates it prefers to give the market a hint by warning of the next procedure of
During his remarks made by at the press conference.
European Central Bank meets twice a week, but the monetary policy decisions taken by the bank only at times accompanied by the Conference meeting
Journalist, or 11 times a year.
Head of the European Central Bank is Italian "Mario Draghi" and occupy this position was previously governor Jean-Claude Trichet.
*
*
3 - Bank of England (BOE)
*
Include the monetary policy committee of the Bank of England (BoE) nine members are the governor and two vice governor, and two bank executives, and four experts
Appointed by the Minister of Finance.
*The Committee meets monthly and you select the MPC interest rate for the pound so that it maintains a constant inflation rate of 2.5%.
*
*
4 - Bank of Japan (BOJ)
*
Committee consists of monetary policy in the Japanese Bank of Japan's central bank governor and two deputy governor of the central bank, and six other members. Because the state relies Japan
Heavily on exports, the Bank of Japan seeks to prevent the Japanese currency from reaching the stage of excessive force and to meet Japan's monetary policy committee once
Or twice a month.
*
5 - Swiss central bank (SNB)
*
SNB has a committee composed of three members, which are responsible for making decisions on interest rates. Unlike most banks
Other central Swiss bank determines how interest rates instead of selecting a specific target for the price. As is the case in Japan and the euro zone, Switzerland is
A country heavily dependent on exports, which means that the Swiss National Bank also hopes not to be the currency of excessive force, and the bank meets on a quarterly basis any
Once every three months.
6 - Reserve Bank of Australia (RBA)
*
Consists of the monetary policy committee of the Australian Bank of Australia's central bank governor, the deputy governor of the Reserve Bank of Australia, the Treasury secretary, and six
Independent members appointed by the Australian government. Australian Bank's mission is to ensure the stability of the currency, and maintaining the booming economy and rising
Employment and welfare of the Australian people. Australian Bank determines reasonable level of inflation at 2.3%. The committee meets Australian monetary policy 11 times each year,
And it is usually on the first Tuesday of every month (except January).
