monetary policy
US /ˈmɑː.nɪ.ter.i ˈpɑː.lə.si/
UK /ˈmɑː.nɪ.ter.i ˈpɑː.lə.si/
1.
the actions undertaken by a central bank to influence the availability and cost of money and credit to help promote national economic goals
:
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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.