Nota: La traducción de esta entrada está actualmente en revisión de calidad, por lo que parte del contenido se muestra temporalmente solo en inglés.
Esta entrada aún no se ha traducido a tu idioma, así que se muestra el original a continuación.
monetary policy
This term refers specifically to the strategic management of a nation's money supply and interest rates, typically handled by a central bank. It is distinct from fiscal policy, which involves government spending and taxation. While fiscal policy is determined by legislative bodies, monetary policy is generally the domain of independent or semi-independent monetary authorities.
In professional and academic discourse, the term is often paired with descriptors like "tight" or "hawkish" to indicate a policy aimed at reducing inflation by raising interest rates, or "easy" or "dovish" to describe a policy intended to stimulate economic growth by lowering rates.
Meanings
Examples
The professor explained monetary policy during the lecture.
Our firm must adapt to the new monetary policy.
The king ignored the advisors on monetary policy.
Tightening monetary policy is essential to curb hyperinflation.
Historians analyze how monetary policy shaped the empire.