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MPC

MPC

1 7.7
A group in a central bank that decides the country's interest rates
  • noun
  • UK
: comité de política monetaria
  • The internal dynamics of the Monetary Policy Committee are also a challenge, as the MPC seems fairly split on what action to take going forward.
  • members of the MPC

Examples

  • MPC members Bean and Tucker have both expressed doubts about the effectiveness of QE in recent speeches, although Governor King remains in favor.

    Blog text (17)

  • Members of the MPC are tasked with carefully analyzing data to guide the nation's monetary decisions.

  • The majority of MPC members deemed that monetary policy easing was warranted to shore up domestic demand in the period ahead and ward off the potential negative impact from the global economy, which remained weak and fragile.

    Blog text (23)

  • The MPC met today to discuss potential changes in interest rates and the overall monetary policy.

  • After scrutinizing the latest economic indicators, the MPC decided to maintain the current interest rate.

Synonyms

Federal Reserve Board
vsMPC
  • US
16 5.1

Seven people who set interest rates and other money rules in the United States

is a central bank group that sets interest rates and guides policy

Surface Forms

MPC singular
MPCs plural

Etymology

MPC stands for Monetary Policy Committee, a group that looks after a country's 'money' rules and decides important interest rates. So, when people talk about the MPC they mean the team that makes key choices about the economy.