Just how important is money? Few would deny that it plays a key role in the economy.­ But one school of economic thought, called monetarism, maintains that the money supply (the total amount of money ...

Monetary policy describes the ways in which the central banks change the money supply in order to accomplish certain economic objectives. In the U.S. this is done by the Federal Reserve.

Reviewed by Michael J Boyle Fact checked by Marcus Reeves Monetary Policy vs. Fiscal Policy: An Overview Monetary policy and fiscal policy refer to the two most widely recognized tools used to ...

In his December press conference, Federal Reserve Chair Jerome Powell said the central bank was embarking on a "new phase" of monetary policymaking. Just what that entails will play out over the next ...