A policy in which a government states in advance the extent to which it intends to expand the money supply. It is based on the belief that fiscal policy and monetary policy cannot affect the real variables in an economic situation but that uncertainty concerning government intentions can destabilize markets. In these circumstances a stable-policy rule is the best a government can achieve.

• London Club
• London Cocoa Terminal Market
• London code of conduct
• London Commodity Exchange
• London daily prices
• London Fox
• London Inter Bank Bid Rate
• London Inter Bank Currency Options Market
• London Inter Bank Mean Rate
• London Inter Bank Offered Rate
• London International Financial Futures and Options Exchange
• London International Insurance and Reinsurance Market Association
• London Metal Exchange
• London rules
• London Securities and Derivatives Exchange
• London Stock Exchange
• London Sugar Futures Market
• London Traded Options Market
• London Underwriting Centre
• long-dated forward
• long-dated gilt
• long-funded
• long hedging
• long position
• longs