Undue political influence on monetary policy decisions can also impair the inflation-fighting credibility of the central bank, resulting in higher average inflation and, consequently, a lessproductive economy.
Head Offices As I have mentioned, the average numbers of banks and bank branches have increased or remained constant in rural markets in recent years despite a wave of mergers that has greatly reduced the number of U.S. banking organizations. Industry consolidation has led to fewer banks but maintained most of the branches of the acquired banks.