APPLYING EFFECTIVE METHODS TO STABILIZE INFLATION: THE ROLE AND IMPORTANCE OF MONETARY POLICY IN CURBING INFLATION
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Abstract
It is known that a stable macroeconomic situation is the key to economic growth. In this case, the importance of monetary policy is very high. That is, it is through this policy that control over inflation can be achieved. The reason is that one of the main enemies of any country’s economy today is inflation. Restraining and stabilizing it is one of the most important tasks for countries. This article discusses in detail the role of monetary policy in reducing inflation and the main causes of inflation. Inflation rates in the Republic of Uzbekistan are also analyzed on the basis of statistical tables of previous years and relevant conclusions are given.
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