One thing that is institutionally cemented to nearly all central banks in the world is the vital function of maintaining national macroeconomic stability. This function provides operational room for the central bank but is limited by the instruments it has at its disposal.
A central bank cannot directly move beyond these borders since it lacks the necessary instruments and also because it has no intention of doing so. However, real sector performance remains the key focus of a central bank, especially since unhealthy growth in the real sector can disrupt economic stability, which is the focus of a central bank.