What does monetary policy mean?

Looking for the meaning or definition of the word monetary policy? Here's what it means.

Noun (economics) The process by which the government, central bank, or monetary authority manages the supply of money, or trading in foreign exchange markets. Find more words! 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This phrase was replaced with a statement that the Fed would be patient in removing its accommodative monetary policy. Patrick O'Brien defends British monetary policy against its bullionist and Ricardian critics. The Fed said recently that monetary policy can be accommodative for some time. A lot of the excess liquidity you speak of can be traced to the aggressiveness of their monetary policy. Many economics textbooks fail to mention QE, suggesting that this is a new and extreme form of monetary policy. See Also What is another word for monetary policy? Sentences with the word monetary policy What is the plural of monetary policy? Nearby Definitions monetary policies monetary instruments monetary instrument monetary impotence monetary monetarizing monetary unit monetary units Monetesque moneth moneths monetisable