monetary policy

noun
variants: or monetary management

Definition of monetary policy

: measures taken by the central bank and treasury to strengthen the economy and minimize cyclical fluctuations through the availability and cost of credit, budgetary and tax policies, and other financial factors and comprising credit control and fiscal policy

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Cite this Entry

“Monetary policy.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/monetary%20policy. Accessed 27 Nov. 2020.

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