Monetary policy refers to the strategies used by a central bank to regulate the money supply and the cost of borrowing. By adjusting interest rates and other financial levers, central banks aim to keep an economy stable, encourage employment, and keep inflation within a target range. Central banks such as the U.S. Federal Reserve, the European Central Bank, and the Bank of England are responsible for implementing monetary policy in their respective economies. Their decisions affect everything from the cost of a home loan to the flow of money into investment markets, including crypto. What Is Monetary Policy? Monetary ... (full story)