HomeDefinitionsCompareDebt Monetary policyThe financial definition for Monetary policy:Actions taken by the Board of Governors of the Federal Reserve System to influence the money supply or interest rates. Similar MatchesAccommodative monetary policyAccommodative monetary policyFederal Reserve System policy to increase the amount of money available to banks for lending. See: Monetary policy. Depository Institutions Deregulation and Monetary Control ActDepository Institutions Deregulation and Monetary Control ActThe 1980 federal legislation that ended the regulation of the banking industry. European Monetary System (EMS)European Monetary System (EMS)A system adopted by European Community members with the aim of promoting stability by limiting exchange-rate fluctuations. The system was originated in 1979 by the nine members of the European Community (EC). The EMS comprised three principal elements: the European Currency Unit (ECU), the monetary unit used in EC transactions; the Exchange Rate Mechanism, ERM, whereby those member states taking part agreed to maintain currency fluctuations within certain agreed limits; and the European Monetary Cooperation Fund, which issues the ECU and oversees the ERM. The 1992 Maastricht Treaty provided for the move to Economic and Monetary Union (EMU) , including a European Monetary Institute to coordinate the economic and monetary policy of the EU, a European Central Bank (ECB) to govern these policies, and the presentation of a single European currency. Further SuggestionsInternational Monetary Fund (IMF)International monetary system Monetary assets and liabilities Monetary gold Monetary indicators Monetary or non monetary method Net monetary assets Click to compare definitions of Monetary policy Click to view definitions beginning mo |