monetary policy

1. An attempt to achieve broad economic goals by the regulation of the supply of money. (Compare fiscal policy.)

Example Sentences

As the central bank of the United States, the Fed sets the nation’s monetary policy.

From Salon

Moreover, as Cook pointed out, only an independent Fed can prevent administrations from “using monetary policy for self-serving political ends in other ways,” like simply printing more money to finance debt.

From Salon

As such, she gets to vote—independent of the president’s wishes—on matters of monetary policy.

From Slate

Most central banks in developed countries do too, although they solidified their status at different times — the Bank of England gaining operational independence over monetary policy in Britain only in 1997.

From Los Angeles Times

After FDR appointed him to head the Federal Reserve Board, Eccles oversaw the drafting of the Banking Act of 1935, which centralized monetary policy in the Fed board and gave it new powers to manage the money supply.

From Los Angeles Times