Meaning of the word "monetary policy" in English
What does "monetary policy" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
monetary policy
US /ˈmɑː.nɪ.ter.i ˈpɑː.lə.si/
UK /ˈmɑː.nɪ.ter.i ˈpɑː.lə.si/
Noun
1.
the actions undertaken by a central bank to influence the availability and cost of money and credit to help promote national economic goals
Example:
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The central bank announced a shift in its monetary policy to combat inflation.
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Understanding monetary policy is crucial for economic stability.
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