policy rate

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).

““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.””

Similar
policy interest ratekey interest ratekey rate
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Meanings

nounpolicy rate (plural policy rates)

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).

    “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.”

    1 more example

    “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.”

    Synonyms: policy interest rate, key interest rate, key rate

Synonyms & antonyms

nounAn 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).

Similar
policy interest ratekey interest ratekey rate
Also see
key interest ratekey ratepolicy interest rate

Translations

Arabic سِعْر الْفَائِدَة الأَسَاسِيّ
  • سِعْر الْفَائِدَة الأَسَاسِيّinterest rate
Chinese Mandarin 政策利率
  • 政策利率 (zhèngcè lìlǜ)interest rate
Danish diskonto
  • diskontointerest rate
Finnish ohjauskorko
  • ohjauskorkointerest rate
French taux d'intérêt directeur
  • taux d'intérêt directeurinterest rate
German Leitzins, Leitzinssatz
  • Leitzinsinterest rate
  • Leitzinssatzinterest rate
Icelandic stýrivextir
  • stýrivextirinterest rate
Italian tasso di interesse di riferimento, tasso di riferimento
  • tasso di interesse di riferimentointerest rate
  • tasso di riferimentointerest rate
Japanese 政策金利
  • 政策金利 (seisaku kinri)interest rate
Norwegian styringsrente
  • styringsrenteinterest rate
Polish podstawowa stopa procentowa
  • podstawowa stopa procentowainterest rate
Portuguese taxa de juro diretora
  • taxa de juro diretorainterest rate
Russian ключева́я ста́вка
  • ключева́я ста́вка (ključevája stávka)interest rate
Slovak kľúčová úroková sadzba
  • kľúčová úroková sadzbainterest rate
Spanish interés oficial
  • interés oficialinterest rate
Swedish styrränta
  • styrräntainterest rate
Cite this entry
APA

policy rate. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/policy%20rate

MLA

“policy rate.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/policy%20rate. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “policy rate,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/policy%20rate.

Source: policy rate on Wiktionary, CC BY-SA 4.0.