Definition of Monetary Policy According to Experts

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Moumitaakter
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Definition of Monetary Policy According to Experts

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Soeharsono Sagir Monetary policy demonstrates the ability of Bank Indonesia as a central bank to achieve its sole objective, namely to achieve and maintain rupiah stability (inflation and rupiah exchange rate under control). Sadono Sukirno: Monetary policy is the central bank's steps to influence the amount of money supply and interest rates in the economy with the aim of overseeing the forms of loans and investments made by commercial banks. Suryana: Monetary policy is a government policy to influence the course of the economy by influencing the supply of money in society or by influencing interest rates.

Natsir What is meant by monetary policy is any action or effort by the central bank to influence the development of monetary variables (money supply, exchange rates, interest rates, and credit interest rates) in order to achieve the desired goals. Perry Warjiyo: Monetary policy is the policy of the monetary authority or central bank in the form of monetary aggregates in Russia Phone Number List order to achieve the development of economic activities carried out by taking into account the cycle of economic activities, the nature of a country's economy, and other fundamental economic factors.

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The definition of monetary policy is a policy carried out by the monetary authority by controlling the amount of money in circulation and interest rates to influence the level of aggregate demand and reduce economic instability. In other words, monetary policy is a process in which the government, central bank, or a country's monetary authority controls the supply of money, the availability of money, and the cost of money or interest rates in order to achieve growth-oriented goals and economic stability. Loose credit is a policy of the central bank to increase the amount of money in circulation to overcome deflation.
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