A loose monetary policy is often enacted in order to

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A loose monetary policy is often enacted by central banks in order to stimulate the economy and encourage economic growth. This is done by making credit more easily available and reducing interest rates, making it cheaper to borrow money. Lower interest rates can also lead to increased investment and spending, which in turn can stimulate economic growth. This policy is often employed during times of economic recession or stagnation when the economy is not growing at a desired rate.

A Loose Monetary Policy Is Often Enacted in Order to