ELB

Monetary policy - interest rates.

Abbreviation for effective lower bound, a development of the Zero lower bound (ZLB) assumption that monetary policy interest rates should not be, or cannot be, lower than zero.

See also

• Effective lower bound
• Inflation target
• Interest on excess reserves
• Interest rate
• Keynesianism
• Monetary policy
• Money supply
• Quantitative easing
• Reserve requirements
• Unconventional monetary policy
• Zero lower bound
• ZLB problem