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  2. Policy mix - Wikipedia

    en.wikipedia.org/wiki/Policy_mix

    The policy mix is the combination of a country's monetary policy and fiscal policy. These two channels influence features such as economic growth and employment, and are generally determined by the central bank and the government (e.g., the United States Congress ) respectively.

  3. Zero interest-rate policy - Wikipedia

    en.wikipedia.org/wiki/Zero_interest-rate_policy

    Others argue that when monetary policy is already used to the maximal extent, governments must be willing to use fiscal policy to create jobs. The fiscal multiplier of government spending is expected to be larger when nominal interest rates are zero than they would be when nominal interest rates are above zero.

  4. Monetary policy of the United States - Wikipedia

    en.wikipedia.org/wiki/Monetary_policy_of_the...

    The monetary policy of the United States is the set of policies which the Federal Reserve follows to achieve its twin objectives of high employment and stable inflation. [1] The US central bank, The Federal Reserve System, colloquially known as "The Fed", was created in 1913 by the Federal Reserve Act as the monetary authority of the United States.

  5. Central bank - Wikipedia

    en.wikipedia.org/wiki/Central_bank

    A central bank, reserve bank, national bank, or monetary authority is an institution that manages the currency and monetary policy of a country or monetary union. [1] In contrast to a commercial bank , a central bank possesses a monopoly on increasing the monetary base .

  6. Monetary policy - Wikipedia

    en.wikipedia.org/wiki/Monetary_policy

    Monetary policy is the policy adopted by the monetary authority of a nation to affect monetary and other financial conditions to accomplish broader objectives like high employment and price stability (normally interpreted as a low and stable rate of inflation).

  7. Fiscal policy - Wikipedia

    en.wikipedia.org/wiki/Fiscal_policy

    Fiscal policy can be distinguished from monetary policy, in that fiscal policy deals with taxation and government spending and is often administered by a government department; while monetary policy deals with the money supply, interest rates and is often administered by a country's central bank. Both fiscal and monetary policies influence a ...

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