Central banks have a great deal of control over an economy’s money supply, and they can affect interest rates across a wide range of loans and securities. But private-sector banks do the lending, while also bearing responsibility for important dimensions of how financial markets operate.
毫不奇怪，今天的央行行长仍然对大型私人部门银行高管毕恭毕敬。央行控制着经济的货币供应，并能通过各种贷款和证券影响利率。但实施贷款操作的是私人部门银行，它们还承担了关于金融市场运行的重要责任。