(fin-edu:policy)=
# Policy

|                                  | Monetary Policy                  | Fiscal Policy                           |
| :------------------------------- | :------------------------------- | :-------------------------------------- |
| Controlled by                    | CB                               | Government                              |
| Main tools                       | IR, Money supply                 | Taxes, Spending, Transfers              |
| Speed                            | Usually faster                   | Politically slower, debated             |
| Focus                            | Inflation, lliquidity, credit    | Employment, Income distribution         |
| Independence                     |                                  |                                         |


(fin-edu:policy:monetary)=
## Monetary policy

(fin-edu:policy:fiscal)=
## Fiscal policy