The possible implications if the central bank were unable to maintain predictable exchange and interest rates is an unstable economy.
A stable and predictable exchange and interest rates are good for the economy. It makes people and businesses feel more confident since it makes them think that they know the inflation rate. It causes people and businesses to be able to make long-range financial plans, invest, and spend. This makes the economy functions better,
If the central bank fails to maintain a stable and predictable rate, it will increase uncertainty and market interest rate. People and businesses would be less likely to invest, and the economy would be less stable.
Learn more about inflation at https://brainly.com/question/8149429
#SPJ4
