the decision on the appropriate level of interest rates and the management of inter-bank liquidity conditions needed to implement this decision) implies a separation between monetary policy decisions, on the one hand, and the implementation of the desired monetary policy stance through open market operations, on the other.
It will also examine the functioning of financial markets and infrastructure and consider ways to address issues relevant to payment systems and market infrastructures. The findings will be shared and discussed with stakeholders at home and abroad. International Finance The Bank’s Strategy on Climate Change was formulated partly in response to international discussions about climate change.