Unconventional monetary policy: Difference between revisions
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imported>Doug Williamson (Mend link.) |
imported>Doug Williamson (Expand page. Source: BIS https://www.bis.org/publ/cgfs63.pdf) |
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(UMP). | |||
Monetary policy is central government or other policy to stimulate or otherwise influence economic activity by influencing money supply or interest rates. | Monetary policy is central government or other policy to stimulate or otherwise influence economic activity by influencing money supply or interest rates. | ||
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'Unconventional' monetary policy | 'Unconventional' monetary policy includes: | ||
*Quantitative easing (asset purchase programmes) | |||
*Forward guidance | |||
*Negative interest rates | |||
*New lending operations | |||
== See also == | == See also == | ||
* [[Forward guidance]] | |||
* [[Lending operations]] | |||
* [[Negative interest rate policies]] | |||
* [[Quantitative easing ]] | * [[Quantitative easing ]] | ||
* [[Reserve requirements]] | * [[Reserve requirements]] | ||
Revision as of 20:27, 8 June 2020
(UMP).
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 includes:
- Quantitative easing (asset purchase programmes)
- Forward guidance
- Negative interest rates
- New lending operations
