Which of the following central banks has the greatest degree of independence?

Question

Quizplus · Accepted Answer

The European Central Bank has the greatest degree of independence among the listed central banks. The ECB is explicitly granted independence from political interference in the Treaty on the Functioning of the European Union, which limits the influence of national governments in its decision-making process. Additionally, the ECB has a single mandate focused solely on maintaining price stability, allowing it to operate without being influenced by other economic policy goals.

Which of the Following Central Banks Has the Greatest Degree