Meaning of policy rate | Babel Free

Definitions

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).

Equivalents

Examples

““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.””

CEFR level