Question

what is monetary policy​

Answer 1

Ello user !!!!!

Here is your answer,

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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 objectives like inflation, consumption, growth and liquidity.

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Answer 2

Hey Mate.....

Here is your Answer ❤❤.....

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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.

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