Question

what is monetary policy ​

Answer 1

$\mathbf{Hey \ dude}$

Monetary policy is the macroeconomic policy laid down by the central bank. It involves management of money supply and interest rate and is the demand side economic policy used by the government of a country to achieve macroeconomic objectives like inflation, consumption, growth and liquidity.

Answer 2

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