\fTOPIC 5: CENTRAL BANKS a. E: Go to www.bis.org/cbanks.htm and select one of the central banks. Review that bank's website to determine its policies regarding the application of monetary policy in the past five years. Critically evaluate how the policies of this bank compare to those of the U.S. central bank in the context of evolving economic landscapes. (20 marks) What is the main rationale behind paying negative interest rates to banks for keeping their deposits at central banks in Sweden, Switzerland and Japan? What could happen to these economies if banks decide to loan their excess reserves, but no good investment opportunities exist? (10 marks) Assess the role of central banks in promoting sustainability within the financial sector. Analyse a case study or example of central banks incorporating sustainability into their framework. Propose recommendations for central banks to further enhance their contribution to fostering sustainability in the financial sector. (10 marks) [Total 40 marks] Q1: Should I write the final assignment in the form of a report or a question-and-answer format? A: You can write the report in a 'question-and-answer format' with two separate sections (Task 1 and Task 2). Provide a separate list of reference for each section. OR You can also write them in a 'Business Report' format, especially for Task 1. You can assume that you are a financial analyst writing the Business Report to your customers. See 'Guide to Report Writing\" on ELE. You can also review the Recap Recording on Week 2 Academic Writing Skills Workshop