Monetary policy, Federal Reserve System, Finance
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Monetary policy, Federal Reserve System, Finance

556478

  • College
  • 2083

Short excerpt:

The role of a central bank in any economy is to manage the monetary policy of the country while ensuring that it manages to achieve broader macroeconomic objectives. One of the key objectives of any central bank is therefore to ensure that inflation within economy remains under control. The flow of money within the economy therefore should be managed in such a manner that it supports the achievement of low inflation, economic stability as well as the low unemployment level within the economy.

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