Question

What is monetary policy.

Answer 1

Monetary policy is the process by which the monetary authority of a country, typically the central bank or currency board, controls either the cost of very short-term borrowing or the monetary base, often targeting an inflation rate or interest rate to ensure price stability and general trust in the currency.

Answer 2

MONETARY POLICY is the process by which the monetary authority of a country typically, the central bank or currency board controls either the cost of very short term burrowing or the monetary base often targeting an inflation rate to ensure price stability and general trust in the currency