monetary policy

English

Noun

monetary policy (countable and uncountable, plural monetary policies)

  1. (economics) The process by which the government, central bank, or monetary authority manages the supply of money, or trading in foreign exchange markets.
    • 2019 August 1, Mark Zandi, “Blame Trump for the Fed’s broken monetary policy compass”, in CNN[1]:
      So what’s the Fed to do? It must manage interest rates without a working monetary policy compass.

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