Series 7: 9.2.1 Monetary Policy

Taken from our Series 7 Top-off Online Guide

9.2.1 Monetary Policy

In most countries, monetary policy is created and executed by an independent central bank. In the United States, that institution is the Federal Reserve Bank. Through its monetary policy, the Federal Reserve Bank tries to achieve price stability (low inflation), low unemployment rates, stable foreign exchange markets, and steady, long-term economic growth.

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