policy rate

English

Noun

policy rate (plural policy rates)

1. An interest rate set by a central bank to conduct monetary policy (often implemented as the bank's discount rate/bank rate or its repurchase agreement rate)
   • “What is the Central Bank policy rate?”, in IMF‎^[1], (Can we date this quote?): “The central bank policy rate (CBPR) is the rate that is used by central bank to implement or signal its monetary policy stance.”
   • “The policy rate”, in Norges Bank‎^[2], (Can we date this quote?): “The policy rate is Norges Bank's main instrument for stabilising inflation and developments in the Norwegian economy.”

Synonyms

• policy interest rate
• key interest rate
• key rate

Related terms

• bank rate
• target overnight rate
• discount rate

Translations

Translations

• Arabic: سِعْر الْفَائِدَة الأَسَاسِيّ m (siʕr al-fāʔida(t) al-ʔasāsiyy)
• Chinese:

  Mandarin: please add this translation if you can

• Danish: diskonto
• Finnish: ohjauskorko (fi)
• French: taux d’intérêt directeur
• Georgian: please add this translation if you can
• German: Leitzins (de) m, Leitzinssatz
• Hindi: please add this translation if you can
• Icelandic: stýrivextir
• Italian: tasso di interesse di riferimento m, tasso di riferimento m
• Japanese: please add this translation if you can
• Korean: please add this translation if you can
• Norwegian: styringsrente
• Persian: please add this translation if you can
• Polish: podstawowa stopa procentowa f
• Portuguese: taxa de juro diretora f
• Russian: ключева́я ста́вка (ru) f (ključevája stávka)
• Serbo-Croatian: ključna kamata f, ključna kamatna stopa f
• Slovak: kľúčová úroková sadzba f
• Slovene: ključna obrestna mera f
• Spanish: interés oficial m
• Swedish: styrränta (sv)