Monetary Policy
🏦 Banking
intermediate

Quick Definition

Monetary policy refers to the actions undertaken by a central bank, such as the Federal Reserve, to influence the availability and cost of money and credit to help promote national economic goals.

Examples

  • 1The Federal Reserve lowers interest rates to stimulate economic growth during a recession.
  • 2Central banks increase reserve requirements for banks to control excessive lending and inflation.
  • 3Quantitative easing is used to increase the money supply by purchasing government securities.
  • 4Central banks setting negative interest rates to encourage spending and investment when conventional policies have been exhausted.

Tags

central-bankinterest-rateseconomic-policyinflationcreditinvestment