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U.S. Monetary Policy

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Encyclopedia Articles

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Learn About U.S. Monetary Policy

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What Affects Savings Account Interest Rates?

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Current Checking Account Rates July 2024

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Current Checking Account Rates November 2024

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Current Savings Account Rates November 2024

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Page 1 of 3

About U.S. Monetary Policy

U.S. monetary policy is the process by which the Federal Reserve, the central bank of the United States, manages the supply of money and credit in the U.S. economy in order to achieve its economic objectives. The Federal Reserve uses a range of tools, including setting interest rates, manipulating the money supply, and engaging in open market operations, to implement monetary policy.