Monetary Policy | Definition, Types, Objectives, Pros & Cons
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financestrategists.com
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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4K views · 23 reactions | The Reserve Bank's Monetary Policy Committee will announce its decision on interest rates today. The bank kept the repo rate unchanged at 6.5 % in November. Economist Lullu Krugel speaks to @XoliMngambi #FirstTake Courtesy #DStv403 | eNCAnews | Facebook
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