Monetary authority

A monetary authority is the institution that regulates a 's and supply, generally with the goal of managing inflation, interest rates, real GDP, or the unemployment rate.

A monetary authority can use its monetary instruments to successfully affect the evolution of short-term interest rates, but it can also impact other factors that determine the cost and availability of .

A monetary authority is a , or agencies, responsible for controlling the supply of in a given nation.

A common example is a central bank, although governments can set up their  supply in a of ways.

Sometimes, the executive branch has control over available supplies of currencies, and in other cases, multiple agencies may work together to act as a monetary authority.

This employs economists, analysts, and policymakers to make decisions about fiscal policy with the goal of promoting health.

Last Updated on 3 years by pinc