Most central banks in the developed countries focus their attention on

Question

Quizplus · Accepted Answer

Most central banks in developed countries focus on reducing and controlling inflation as their primary goal. This is because high inflation can destabilize an economy and lead to a decrease in the purchasing power of a currency. By keeping inflation low and stable, central banks can create a more predictable economic environment that facilitates long-term growth and stability.

Most Central Banks in the Developed Countries Focus Their Attention