The primary macroeconomic objectives of government policy are to achieve price stability, low unemployment, and sustainable economic growth. These goals guide the use of monetary policy and fiscal policy to manage the economy effectively.

• Price stability: Maintaining low and stable inflation, typically targeting 2% CPI inflation. This is pursued through monetary policy (controlling money supply and interest rates) and fiscal policy (adjusting government spending and taxation) to regulate aggregate demand and prevent excessive inflation or deflation.
• Low unemployment: Keeping unemployment rates below 4.5% by fostering job creation. Expansionary measures include increased public spending on infrastructure, tax reductions to boost consumer demand, and lower interest rates to encourage business investment.
• Economic growth: Achieving sustainable real GDP growth of around 2.5% annually. Policies promote investment and innovation via spending on education and infrastructure, business incentives, and support for international trade.

Other key objectives often include current account equilibrium, balanced budgets or sustainable public debt, environmental sustainability, and greater income equality.