×
App Icon
The Standard e-Paper
Home To Bold Columnists
★★★★ - on Play Store
Download Now

What is Monetary Policy?

A central bank is an independent national authority that conducts monetary policy, regulates banks, and provides financial services including economic research. Its main goals include stabilising the nation's currency, keeping unemployment low, and preventing inflation. Most central banks are governed by a board consisting of its member banks.

Get Full Access for Ksh299/Week
Uncover the stories others won’t tell. Subscribe now for exclusive access
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in