Monetary Policy | Definition, Types, Objectives, Pros & Cons
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Monetary Policy | Definition, Types, Objectives, Pros & Cons
Monetary policy refers to the actions planned and taken by a country’s central bank, currency board, or other monetary authority in order to achieve a macroeconomic goal. Monetary policy exists to manage the money supply and interest rates for the purposes of sustainable economic growth, controlling inflation, and overall level of consumption ...
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