Word Pronunciation & Dictionary

policy rate

Word Rarity Uncommon

Frequency: Zipf frequency 4.85 in modern English

Syllables: pol-i-cy rate
IPA

17

Scrabble Score

10

Letters

3

Syllables

10

Unique Chars

Meaning

noun

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).

Example Sentences

"“What is the Central Bank policy rate?”, in IMF, (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, (Can we date this quote?): “The policy rate is Norges Bank's main instrument for stabilising inflation and developments in the Norwegian economy.”"

Inflected Forms

policy rates (plural)

Phrases

bank rate target overnight rate discount rate

Frequently Paired Words

bank rate target overnight rate discount rate

Synonyms

policy interest rate key interest rate key rate

Questions

What does policy rate mean?: 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).

How to pronounce policy rate

Open the pronunciation page — Open the Speakur entry for “policy rate”.
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