Central banking stance
An opinion or point of view, in this case, referring to a central bank’s opinion of the national economic status. A central banks’ stance is indicative of the direction of the nation’s economic performance. It is also used as an unofficial source for predictions of the future changes in the nations’ economic policy and development. A stance is often used as a hint of the direction the bank will take in the next meeting or future meetings regarding national economic policies, such as raising or lowering the bond interest rate. A central banks’ stance is usually announced publicly via press conferences to a wider general audience.
