MONETARY POLICY OF THE CENTRAL BANK AND ITS ROLE IN ENSURING MACROECONOMIC STABILITY

Abstract

In international practice, Central Banks in their countries based on existing macroeconomic indicators of the national economy (GDP growth rate, inflation rate, state budget deficit, balance of payments situation, amount of gold-currency reserves and other factors) develop and implement their own monetary policy. Central banks use various levers of monetary policy to implement these developed main directions. In international practice, the policy of stabilization means, first of all, maintaining balance in the macroeconomics, preventing a sharp drop in production and mass unemployment.