Monetary Policy, Central Banking, and the Supply of Money and Credit

Monetary policy, central banking, and the supply of money and credit (JEL E5) cover how central banks conduct policy.

Scope

It includes monetary-policy instruments and rules, central-bank objectives and independence, and the supply of money and credit.

Sub-topics

• General
• Money Supply • Credit • Money Multipliers
• Monetary Policy
• Central Banks and Their Policies
• Other

Core questions

• How do central banks conduct monetary policy?
• What rules or discretion should guide policy?
• How is the supply of money and credit controlled?

Key concepts

• Monetary policy
• Central banking
• Policy rules vs discretion
• Inflation targeting
• Money and credit supply

Frequently asked questions

What is inflation targeting?

A monetary-policy framework in which the central bank aims to keep inflation at an announced target rate.