Should we care about central bank profits?

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Series Details No.13/2018
Publication Date September 2018
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Abstract:

Central banks are not profit-maximising institutions; their objectives are rather of macroeconomic nature. The European Central Bank’s overriding objective is price stability. Nevertheless, there are three good reasons to conclude that it is preferable for central banks to achieve profits rather than to record losses.

Source Link http://bruegel.org/2018/08/should-we-care-about-central-bank-profits/
Alternative sources
  • http://aei.pitt.edu/94383/1/PC-13_2018.pdf
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