What is Monetary and Fiscal Policy and who conducts both? Monetary

policy?

monetary policy is primarily concerned with the management of interest rates and total supply of money in circulation and is generally carried out by central banks. and monetary policy is conducted by federal reserve by managing the level of short-term interests rates and influencing the overall availability and costs of credit in the economy.

fiscal policy is collective term for the taxing and spending actions of governments. fiscal policy is conducted by both executives and legislative branches of the government.