{"version":"1.0","provider_name":"Financial Edge","provider_url":"https:\/\/www.fe.training","author_name":"Sam Williams","author_url":"https:\/\/www.fe.training\/author\/sam-williamsfe-training\/","title":"Role of Central Banks - Financial Edge","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"Aunvvft0bw\"><a href=\"https:\/\/www.fe.training\/free-resources\/financial-markets\/role-of-central-banks\/\">Role of Central Banks<\/a><\/blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/www.fe.training\/free-resources\/financial-markets\/role-of-central-banks\/embed\/#?secret=Aunvvft0bw\" width=\"600\" height=\"338\" title=\"&#8220;Role of Central Banks&#8221; &#8212; Financial Edge\" data-secret=\"Aunvvft0bw\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe><script type=\"text\/javascript\">\n\/* <![CDATA[ *\/\n\/*! This file is auto-generated *\/\n!function(d,l){\"use strict\";l.querySelector&&d.addEventListener&&\"undefined\"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!\/[^a-zA-Z0-9]\/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),o=l.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),c=new RegExp(\"^https?:$\",\"i\"),i=0;i<o.length;i++)o[i].style.display=\"none\";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute(\"style\"),\"height\"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):\"link\"===t.message&&(r=new URL(s.getAttribute(\"src\")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener(\"message\",d.wp.receiveEmbedMessage,!1),l.addEventListener(\"DOMContentLoaded\",function(){for(var e,t,s=l.querySelectorAll(\"iframe.wp-embedded-content\"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute(\"data-secret\"))||(t=Math.random().toString(36).substring(2,12),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t)),e.contentWindow.postMessage({message:\"ready\",secret:t},\"*\")},!1)))}(window,document);\n\/* ]]> *\/\n<\/script>\n","description":"Central banks are independent state-owned institutions whose role is to formulate monetary policy, act as \u201cBank to Banks,\u201d be the \u201cLender of last resort\u201d and regulate the domestic banking system. The formulation of monetary policy is the most important role of central banks. This involves conducting activities to influence the quantity of money and level of credit in the economy, in order to foster price stability, safeguard the value of the domestic currency, promote maximum employment and create an environment that is conducive for long-term growth."}