interest-rate policy

interest-rate policy A policy in which governments or central banks set interest rates in an attempt to influence the money supply. Higher rates of interest will reduce the demand for money, giving a downward impetus to output, employment and prices. Lower interest rates will have the opposite effect. Responsibility for interest-rate policy was restored to the Bank of England by the UK government in 1997. Seemonetary policy.

• directors or higher-paid employees
• directors’ authority to act
• directors’ interests
• directors’ remuneration
• directors’ report
• directory
• direct placing
• direct quote
• direct-response TV advertising
• direct taxation
• direct write-off method
• dirham
• dirty price
• disbursement
• disclaimer
• discount
• discounted cash flow
• discounted payback method
• discounted value
• discount factor
• discount house
• discount rate
• discretionary account
• discretionary costs
• discretionary order