Understanding the World Economy and the Politics of Central Banks

Citation: Prof. Alexandru Trifu, "Understanding the World Economy and the Politics of Central Banks", Universal Library of Business and Economics, Volume 01, Issue 01.

Copyright: This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

Abstract

In this paper we are dealing with a very important and sensitive aspect of our days, which influences the life and businesses, that is the monetary policies emerged from central banks. We are living challenging times and the circulatory system of the economy, that is monetary one, is needed to be carefully followed, stage by stage, in order to react promptly to the possible disruptions in business activities. Our knowledge in the field of Economics and the experience as a bank customer, we’ve tried to highlight the importance of the information provided and the feedback from the market, on short or medium term, and the necessity of being cautious in monetary-financial affairs, in order to mitigate the influences of negative factors/challenges as much as possible, both for people and firms. Given this desired situation, it is needed, and we support this, to understand what is communicate through diverse media channels, press releases, other declarations, in order to ensure the quick adjustments of actions and the well functioning of all parts of the economic system. The data presented can say more, or they can say nothing, consequently people/firms are needed to prevent possible future negative actions and effects, by understanding these information and press releases.

Keywords: Central Banks, Monetary Policy, Inflation, Interest Rate, Sustainability

https://doi.org/10.70315/uloap.ulbec.2024.0101001