iMinds - Monetary Policy
Here you can read online iMinds - Monetary Policy full text of the book (entire story) in english for free. Download pdf and epub, get meaning, cover and reviews about this ebook. year: 2010, publisher: iMinds Pty Limited, genre: Politics. Description of the work, (preface) as well as reviews are available. Best literature library LitArk.com created for fans of good reading and offers a wide selection of genres:
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Monetary Policy: summary, description and annotation
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Learn about Monetary Policy with iMinds Moneys insightful fast knowledge series.
Monetary Policy refers to the branch of economic policy handled by a countrys central bank. It is concerned with the management of the money supply, interest rates and financial conditions. It attempts to achieve the central banks and the governments broad economic objectives of achieving high employment, stable economic growth and low inflation. Specifically, monetary theory focuses on the effect of money and interest rates on aggregate demand, inflation, employment and economic growth.
In America, the Federal Reserve System (known as the Fed) is the nations central bank. It was established in 1913 and structured to be independent within the government. Although the Fed is accountable to the Congress and its goals are set by law, it conduct of monetary policy is insulated from day-to-day political pressures.
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