monetary policy
CulturalExample Sentences
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Under the Federal Reserve Act, governors may be removed only “for cause,” a safeguard designed to prevent presidents from reshaping monetary policy by ousting officials they disagree with.
From Barron's
Under the Federal Reserve Act, governors may be removed only “for cause,” a safeguard designed to prevent presidents from reshaping monetary policy by ousting officials they disagree with.
From Barron's
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.
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.