What does "monetary policy" mean?

The process by which the government, central bank, or monetary authority manages the supply of money, or trading in foreign exchange markets.

Monetary policy

Common synonyms include: central bank policy, currency-based, economic, economic policy, economic tools, economic topic.

noun

noun ·Rare ·Advanced level

Noun

1
The process by which the government, central bank, or monetary authority manages the supply of money, or trading in foreign exchange markets. countable, uncountable
"So what’s the Fed to do? It must manage interest rates without a working monetary policy compass."

"So what’s the Fed to do? It must manage interest rates without a working monetary policy compass."