Economics, Econometrics and Finance
8 years ago

Central Banks Unleash Power to Tackle Inflation Head-On

Palgrave Macmillan UK eBooks
Monetary Policy — as a Weapon Against Inflation
Erik Lundberg

Paper Summary

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The article discusses how monetary policy can be used to control inflation by influencing credit and capital markets. It defines monetary policy as measures taken by the Central Bank, such as setting discount rates, regulating bank loans, and controlling consumer credit. These actions aim to manage the economy and achieve specific policy goals.