Targets of Monetary Policy: 7 Targets | Economics
The following points highlight the seven main targets of monetary policy. The targets are: 1. A stable price level 2. A gently rising price level 3. A gently falling price level 4. Neutral money 5. Exchange stability 6. Avoidance of cyclical fluctuations 7. Full-employment and economic growth. Target # 1. A stable price level: One of the most popular views [...]