Analyze the Trade-Offs between Inflation Control, Exchange rate Stability, and Ensuring Adequate Access to Credit for Businesses and Households
Keywords:
monetary policy, inflation control, exchange rate stability, credit access, businesses, households, economic growth, financial stability, empirical analysis, transmission mechanismAbstract
Introduction Monetary policy, as a component of macroeconomic policy, has an influence on both economic growth and financial stability.Aim of the study the main aim of the study is to Analyze the Trade-Offs Between Inflation Control, Exchange Rate Stability, And Ensuring Adequate Access To Credit For Businesses And HouseholdsMaterial and method The data used in this research has been obtained from the Reserve Bank of India, Government of India - Ministry of Statistics and Program Implementation (MoSPI), Ministry of Labour and Employment (MoLE), and Ministry of Finance (MoF) for the purpose of empirical analysis.Conclusion The research aimed to analyze the response of macroeconomic variables to monetary policy and get a deeper understanding of the transmission mechanism that drives them.References
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