Most central banks in the developed countries focus their attention on

Question

Quizplus · Accepted Answer

The primary focus of most central banks in developed countries is the reduction and control of inflation. This is achieved through various monetary policy tools such as adjusting interest rates and implementing quantitative easing measures. While central banks may also consider the growth of potential output and reducing unemployment, their primary mandate is to maintain price stability through the control of inflation.

Most Central Banks in the Developed Countries Focus Their Attention