The Financial System and the Central Bank
- Dr. Bruce Moynihan
- Oct 17, 2024
- 4 min read
Updated: Mar 15
January (Doctors In Business Journal) - The financial system is a complex network that facilitates the flow of funds between savers and borrowers, enabling economic growth and stability. At the heart of this system lies the central bank, a pivotal institution responsible for managing a country’s monetary policy, regulating financial institutions, and ensuring the stability of the financial system. This article explores the structure and functions of the financial system, the role of the central bank, and their interrelationship.
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