The monetary policy is an important policy because it controls the country economy. In America the monetary policy is control by the Federal Reserve. Using the tools of the monetary policy, the Federal Reserve can affect the volume of money and credit and their price interest rates in America. So therefore the Federal Reserve influences employment, output and the general level of prices.
It is important that the Federal Reserve use the monetary policy in the United States of America because if they do not use this policy, America will not have a stable economy. …
