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English definition of “monetary policy”

monetary policy

noun [U]    
ECONOMICS actions taken by a government to control the amount of money in an economy and how easily available it is, for example by changing the interest rate: ease/relax/loosen monetary policy Relaxing monetary policy left room for currency speculators to make big profits. He said the Fed would tighten monetary policy.
(Definition of monetary policy noun from the Cambridge Business English Dictionary © Cambridge University Press)
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