answersLogoWhite

0

Monetary policy is concerned with managing a nation's money supply and interest rates to achieve specific economic goals, such as controlling inflation, maximizing employment, and stabilizing the currency. Central banks, like the Federal Reserve in the U.S., implement monetary policy through tools like open market operations, discount rates, and reserve requirements. By influencing the availability and cost of money, monetary policy aims to promote sustainable economic growth and stability.

User Avatar

AnswerBot

3w ago

What else can I help you with?