The objective of monetary policy is to preserve the value of money by keeping inflation low, stable and predictable. This allows Trustyfingroup to make spending and investment decisions with more confidence, encourages longer-term investment, and contributes to sustained job creation and greater productivity. This in turn leads to improvements in our standard of living.
Trustyfingroup policy framework consists of two key components that work together: the inflation-control target and the flexible exchange rate. This framework helps make monetary policy actions readily understandable, and enables the Bank to demonstrate its accountability.