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policy rate. In DICTIOUS you will not only get to know all the dictionary meanings for the word
policy rate, but we will also tell you about its etymology, its characteristics and you will know how to say
policy rate in singular and plural. Everything you need to know about the word
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English
Noun
policy rate (plural policy rates)
- An interest rate set by a central bank to conduct monetary policy (often implemented as the bank's discount rate/bank rate or its repurchase agreement rate)
- “What is the Central Bank policy rate?”, in IMF, (Can we date this quote?): “The central bank policy rate (CBPR) is the rate that is used by central bank to implement or signal its monetary policy stance.”
- “The policy rate”, in Norges Bank, (Can we date this quote?): “The policy rate is Norges Bank's main instrument for stabilising inflation and developments in the Norwegian economy.”
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