Simplifying Monetary Policy

About the product
Monetary policy is the process by which the government, the central bank or the monetary authority of a country controls the supply of money; the availability of money and the cost of money – usually the rate of interest – to attain a set of economic objectives. Central banks implement monetary policy and use a variety of tools to control one, or all, of these money dynamics to influence economic factors, such as growth, inflation and exchange rates.
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