What is Monetary Policy? [Impact of monetary policies on economic growth]

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  • Social Studies

  • High School

  • 12th grade

  • Community and Culture

  • English

Author's Instructions

Monetary policy refers to the actions taken by a central bank to control Economic inflation and regulate the unemployment rate at an optimal level.

Central banks of different countries implement their own monetary policies using various tools, and these policy differences directly impact volatility in the forex market.