Discover published sets by community

A situation where the central bank operates without political interference, primarily to ensure that monetary policy decisions are made to achieve long-term economic goals and not for political reasons.

The rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling.

A monetary policy rule that stipulates how much a central bank should change the nominal interest rate in response to divergences of actual inflation rates from target inflation rates and of actual GDP from potential GDP.

The amount charged by a lender to a borrower for the use of assets, expressed as a percentage of the principal.

The minimum amount of funds that a commercial bank must hold in reserve against customer deposits.

The interest rate that a central bank charges on its loans to commercial banks. It is often used as a benchmark to guide other interest rates in the economy.

The interest rate charged to commercial banks and other depository institutions on loans they receive from their regional Federal Reserve Bank's lending facility.

Activities by a central bank to buy or sell government bonds on the open market to influence the quantity of money and the level of interest rates.

The process by which a central bank controls the supply of money in an economy, primarily through interest rates.

The role of a central bank to provide loans to banks or financial institutions that are experiencing financial difficulty or are considered highly risky or near collapse.

The responsibility of a central bank to ensure price stability while also pursuing full employment, which is particularly associated with the U.S. Federal Reserve.

Currency that a government has declared to be legal tender, but it is not backed by a physical commodity and has value only because of a government's decree.

An unconventional monetary policy in which a central bank purchases government securities or other securities from the market to lower interest rates and increase the money supply.

The increase in a central bank's assets due to the purchase of long-term securities to inject money into the banking system and promote increased lending and liquidity.