Monetary Policy—Implications for Bank Management
KEY TAKEAWAYS FROM THE CHAPTER
- Understand the role of central bank and monetary policy in economic growth.
- Understand why banks hold reserves.
- Learn about the tools of monetary policy.
- Understand how the monetary policy impacts banking operations and management.
A Macroeconomic View
The primary objective of a country’s government is to achieve economic stability and growth. Hence, macroeconomic ...