<P> Monetary policy regulates a country 's money supply , the amount of broad currency in circulation . Almost all modern nations have central banks such as the United States Federal Reserve System , the European Central Bank ( ECB ) , and the People 's Bank of China for conducting monetary policy . Charged with the smooth functioning of the money supply and financial markets , these institutions are generally independent of the government executive . </P>
<P> Monetary policy regulates a country 's money supply , the amount of broad currency in circulation . Almost all modern nations have central banks such as the United States Federal Reserve System , the European Central Bank ( ECB ) , and the People 's Bank of China for conducting monetary policy . Charged with the smooth functioning of the money supply and financial markets , these institutions are generally independent of the government executive . </P>
who controls the amount of money in circulation
who controls the amount of money in circulation
central banks such as the United States Federal Reserve System , the European Central Bank ( ECB ) , and the People 's Bank of China
central banks such as the United States Federal Reserve System , the European Central Bank ( ECB ) , and the People 's Bank of China