Monetary policy
Monetary policy instruments

The instruments available to central banks for conducting monetary policy vary from country to country, depending on the country's stage of development, institutional structure and political system. The main monetary policy instruments available to central banks are interest rate policy, i.e. setting (administered) interest rates directly, open market operations, forward guidance and other communication activities, bank reserve requirements, and re-lending and re-discount (including using the term repurchase market. While capital adequacy is important, it is defined and regulated by the Bank for International Settlements, and central banks in practice generally do not apply stricter rules.
keywords:letter_frequency, detectable_content:postscript