Monetary policy: Monetary policy is the set of tools used by a central bank to influence the money supply and interest rates in an economy. The goal of monetary policy is to achieve macroeconomic objectives such as price stability, full employment, and economic growth. See also Central bank, Money supply, Monetarism, Economic growth, Interest rates, Macroeconomics._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. |