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19

When Central Banks Talk, Markets Listen

Lecture no. 19 from the course: Financial Literacy: Finding Your Way in the Financial Markets

When Central Banks Talk, Markets Listen

Taught by Professor Connel Fullenkamp | 29 min | Categories: The Great Courses Plus Online Economics & Finance Courses

Since the 1950s, central banks such as the U.S. Federal Reserve have become one of the most powerful forces in the financial markets and the global economy. Why are central banks so powerful—and so secretive? How and why do they affect market interest rates so much? Peer inside central banks to find out.

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