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Monetary policy |
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Monetary policyThe use of the money supply and/or the interest rate to influence the level of economic activity and other policy objectives including the balance of payments or the exchange rate.Monetary policyThe control of the money supply and interest rates by a government in order to achieve its economic objectives, in particular the restraining of inflation.Monetary policyActions taken by the Board of Governors of the Federal Reserve System to influence the money supply or interest rates.Monetary policy Similar MatchesEuropean Monetary AgreementEuropean Monetary AgreementAn intergovernmental organization administered by the OECD that facilitated settlement of balance of payments accounts among its member states from 1958 to 1972. It replaced the EPU, and its functions were taken over by the IMF in 1972. Nonmonetary assets and liabilitiesNonmonetary assets and liabilitiesAssets and liabilities with noncontractual payoffs. Monetary approachMonetary approachA framework for analyzing exchange rates and the balance of payments that focuses on supply and demand for money in different countries. A floating exchange rate is assumed to equate supply and demand and thus to reflect relative growth rates of money supplies and determinants of demand. Under a pegged exchange rate, the balance of payments surplus or deficit equals the excess demand or supply, respectively, for a country's money. International monetary economicsInternational monetary economicsSame as international finance, but with more emphasis on the role of money and less on other financial assets. Monetary baseMonetary baseUsually, the currency and central bank deposits that together provide the base for the money supply under fractional reserve banking. Also defined as the central bank assets the acquisition of which creates this monetary base by injecting domestic money into the economy. The latter definition usually includes international reserves and domestic credit. By either definition, the monetary base changes as a result of open market operations and exchange market intervention. Further SuggestionsNet monetary assetsMonetary indicators Accommodative monetary policy European Monetary System (EMS) European Monetary System International Monetary Fund Economic and Monetary Union Monetary or non monetary method Monetary assets and liabilities Monetary gold Depository Institutions Deregulation and Monetary Control Act Singapore International Monetary Exchange (SIMEX) International monetary system International Monetary Fund (IMF) European Monetary System |
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