15 Objectives of Monetary Policy

The objectives of Monetary Policy have changed over time to respond to changing economic conditions and policy priorities. Initially, during the gold price norm period (before 1930), the main objective was to maintain price stability and convertibility of the currency. With the onset of the Great Depression, the focus turned to stabilizing the economy and … Read more

Monetary policy objectives have changed over time, reflecting economic conditions and policy priorities. Initially, the objective of monetary policy was to maintain price stability and encourage full employment. From the early to mid-20th century, central banks focused on keeping currency rates stable to support international trade. In the late 20th century, objectives included economic growth … Read more