monetary policy
CulturalExample Sentences
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Mr. Sauer at least acknowledged that Congress intended to protect the Fed’s independence and there was “a long tradition of having this exercise of monetary policy be exercised independent” of executive influence.
Nevertheless, inflation in December was below the 3.5% expected by the BOE in its November Monetary Policy Report.
That would continue the cautious approach the central bank has taken to tightening monetary policy.
The ECB’s vice president, who appears with the president at press conferences following rate decisions, focuses primarily on financial-stability issues, while also having a say in monetary policy.
With inflation slightly below the ECB’s 2.0% target in December, investors expect the bank to keep its monetary policy unchanged throughout this year.
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Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.