policy rate

Noun

Meaning

policy rate (plural policy rates)

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)

Source: en.wiktionary.org

Synonyms

policy interest rate key interest rate key rate

Related terms

discount rate bank rate target overnight rate

Close letter words and terms

policy organ policy pattern policy racket policy report policy shop policy statement