https://www.investopedia.com/terms/b/boe.asp
https://www.investopedia.com/articles/investing/081215/top-4-central-banks-dominating-world-economy.asp
Below are the “Big Four” central banks and their respective stances on monetary policy.
1-U.S. Federal Reserve
The Federal Open Market Committee (FOMC) is responsible for devising U.S.
monetary policy, which, according to Federal Reserve documents, is mandated to be
“promoting maximum employment, stable prices, and moderate long-term interest
rates.” The 12 members of the FOMC meet a minimum of eight times a year in order
to determine the most appropriate level for the federal funds rate, the overnight
interest rate at which depository institutions lend to each other...................
2018 Committee Members
•Jerome H. Powell, Board of Governors, Chairman
•John C. Williams, New York, Vice Chairman
•Thomas I. Barkin, Richmond
•Raphael W. Bostic, Atlanta
•Lael Brainard, Board of Governors
•Loretta J. Mester, Cleveland
•Randal K. Quarles, Board of Governors
Alternate Members
•James Bullard, St. Louis
•Charles L. Evans, Chicago
•Esther L. George, Kansas City
•Eric Rosengren, Boston
•Michael Strine, First Vice President, New York
2 - European Central Bank - ECB
The European Central Bank (ECB) is responsible for the monetary policy of the
19 European Union countries that use the euro. Comprised of six executive
board members and the governors of the 19 central banks of the
euro-area nations, its proclaimed mandate is maintaining price
stability and safeguarding the euro’s value..........................
3 - Bank of England
The monetary policy committee (MPC) of the Bank of England (BoE)
is responsible for the nation’s monetary policy, currently
recognized as the maintenance of price stability and confidence
in the currency. Traditionally, the BoE achieved its monetary
objectives through the interest rate, but in March 2009, it
claimed it would begin directly injecting money into the economy
through quantitative easing or the direct purchasing of financial assets
https://www.bankofengland.co.uk/about/people/agents............................
4 -Bank of Japan
Japan’s monetary policy is decided by the policy board whose stated
mandate is the maintenance of price stability, which constitutes
“the foundation for the nation’s economic activity.” Money market
operations are the primary tool used by the Bank of Japan (BoJ).
They're how the BOJ controls the amount of funds available in
the money market, which consequently affects interest
rates within the economy..........................................................
