Unconventional monetary policy: Difference between revisions
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imported>Doug Williamson (Create page. Source: Bank of England https://www.bankofengland.co.uk/-/media/boe/files/speech/2020/monetary-policy-and-the-boes-balance-sheet-speech-by-gertjan-vlieghe.pdf?la=en&hash=D76269239470F000514B5F6AA76500590254DBDC) |
imported>Doug Williamson (Mend link.) |
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* [[Sterling Monetary Framework]] | * [[Sterling Monetary Framework]] | ||
* [[Supply side policy]] | * [[Supply side policy]] | ||
* [[Zero | * [[Zero lower bound]] | ||
* [[ZLB problem]] | * [[ZLB problem]] | ||
Revision as of 15:00, 8 June 2020
Monetary policy is central government or other policy to stimulate or otherwise influence economic activity by influencing money supply or interest rates.
Historically, mechanisms for influencing the money supply have included the use of open market operations, the central bank discount rate and reserve requirements.
'Unconventional' monetary policy refers to quantitative easing.
