SIE: 7.4.1. Monetary Policy

Taken from our SIE Online Guide

7.4.1. Monetary Policy

In most countries, monetary policy is formulated 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, and stable foreign exchange markets, and to promote steady, long-term economic growth.

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