#firstdealofthenewyearFateema * Price Stability: Maintaining a low and stable inflation rate is a primary goal. Central banks aim to control inflation to preserve the purchasing power of a currency. * Full Employment: Promoting maximum employment levels consistent with price stability. Central banks may lower interest rates to encourage borrowing and investment, thus creating jobs. * Economic Growth: Fostering sustainable economic growth. Central bank policies can influence investment, consumption, and overall economic activity. * Financial System Stability: Ensuring the stability and soundness of the financial system. Central banks act as lenders of last resort and regulate banks to prevent financial crises. * Exchange Rate Stability: While not always a primary goal, central banks often intervene in forex markets to manage excessive exchange rate volatility.