What is another word for monetary policy?

Pronunciation: [mˈʌnɪtəɹi pˈɒlɪsi] (IPA)

Monetary policy refers to the actions taken by a central bank to regulate the money supply to achieve specific economic objectives. There are several synonyms for monetary policy, such as fiscal policy, financial policy, economic policy, and monetary management. The central bank uses various tools to implement its monetary policy, such as adjusting interest rates, regulating the reserve requirements of commercial banks, and open market operations. The purpose of monetary policy is to impact the economy by controlling inflation, promoting employment, stabilizing the currency, and supporting economic growth. Every country has its own monetary policy framework, which is designed to suit the particular economic and social needs of its people.

Synonyms for Monetary policy:

What are the hypernyms for Monetary policy?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

Famous quotes with Monetary policy

  • If I am confirmed, I am confident that my colleagues on the Federal Open Market Committee and I will maintain the focus on long-term price stability as monetary policy's greatest contribution to general economic prosperity and maximum employment.
    Ben Bernanke
  • Domestic inflation reflects domestic monetary policy.
    Martin Feldstein
  • So just as I want pilots on the planes that I fly, when it comes to monetary policy, I want to think that there is someone with sound judgement at the controls.
    Martin Feldstein
  • However, in spite of the general perception that monetary policy should be conducted so as to avert deflation, a central bank cannot lower interest rates below the zero lower bound.
    Toshihiko Fukui
  • As financial markets continue to broaden and deepen, the behavior of asset prices will play an important role in the formulation of monetary policy going forward, perhaps a more important role than in the past.
    Timothy Geithner

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