A Monetary Policy Framework is a system used by a country's central bank to manage the economy's money supply and interest rates. Its main goal is to achieve stable prices and promote economic growth. By adjusting interest rates, the central bank can influence borrowing, spending, and investment in the economy. Central banks, like the Federal Reserve in the United States, use various tools to implement monetary policy. These tools include open market operations, reserve requirements, and discount rates. By carefully managing these elements, central banks aim to maintain economic stability and control inflation.