Which of the following is an example of monetary policy?

Question

Quizplus · Accepted Answer

Lowering interest rates is an example of monetary policy. Monetary policy is the process by which the central bank or monetary authority manages the supply and demand for money and credit to achieve specific policy objectives, such as controlling inflation, promoting economic growth, and stabilizing financial markets. Lowering interest rates is a common tool used by central banks to stimulate economic activity by encouraging borrowing and spending.

Which of the Following Is an Example of Monetary Policy