Learn about Monetary Policy with iMinds Money's insightful fast knowledge series. Monetary Policy refers to the branch of economic policy handled by a country's central bank. It is concerned with the management of the money supply interest rates and financial conditions. It attempts to achieve the central bank's and the government's broad economic objectives of achieving high employment stable economic growth and low inflation. Specifically monetary theory focuses on the effect of money and interest rates on aggregate demand inflation employment and economic growth. In America the Federal Reserve System (known as the Fed) is the nation's central bank. It was established in 1913 and structured to be independent within the government. Although the Fed is accountable to the Congress and its goals are set by law it conduct of monetary policy is insulated from day-to-day political pressures.iMinds will hone your financial knowledge with its insightful series looking at topics related to Money Investment and Finance.. whether an amateur or specialist in the field iMinds targeted fast knowledge series will whet your mental appetite and broaden your mind.iMinds unique fast-learning modules as seen in the Financial Times Wired Vogue Robb Report Sky News LA Times Mashable and many others.. the future of general knowledge acquisition.
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