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Monetary policy Role of the Central Bank How is monetary policy conducted? How does monetary policy affect AD? What is the Operating Band? What is
Monetary policy
- Role of the Central Bank
- How is monetary policy conducted?
- How does monetary policy affect AD?
- What is the Operating Band?
- What is the Bank Rate?
- What is the Settlement (or Deposit) Rate?
- Use of monetary policy to eliminate recession
- Use of monetary policy to eliminate an inflationary gap
- Impact of monetary policy on the exchange rate (recall that monetary policy changes the interest rate)
- Important: the impact of monetary policy through the economy (Transmission process)
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