Tag Archives: Monetary policy

The Monetary Policy Committee (MPC) is an internal committee of the Reserve Bank of New Zealand (RBNZ) and is responsible for formulating monetary policy in New Zealand, directed towards the economic objectives of achieving and maintaining stability in the general level of prices over the medium term and supporting maximum sustainable employment. There are many [...]

Monetary policy is determined by a country’s central bank acting independent from government. The process of drafting, announcing & Implementing the plan of actions taken by the Central Bank of a Country that controls the quantity of money in an Economy. Monetary policy involves money supply and interest rates, aimed at achieving macroeconomic objectives such as controlling [...]