In broad terms, there are two kinds of monetary policy, contractionary and expansionary. Contractionary monetary policy decreases the rate of growth in the money supply to decrease inflation. Sometimes contractionary monetary policy can slow economic growth, slow borrowing and spending,
In broad terms, there are two kinds of monetary policy, contractionary and expansionary. Contractionary monetary policy decreases the rate of growth in the money supply to decrease inflation. Sometimes contractionary monetary policy can slow economic growth, slow borrowing and spending,