«By
their unconventional monetary policy measures central banks have increasingly taken over critical market functions.
The Bank of Canada is applying lessons from the global financial crisis as it updates its framework for the use of
unconventional monetary policy measures, Governor Stephen S. Poloz said.
Not exact matches
Central banks had eased
monetary policy aggressively, including taking short - term interest rates to near zero in several cases, and some were considering or implementing «
unconventional»
measures to deliver additional stimulus.
A non-standard
monetary policy — or
unconventional monetary policy — is a tool used by a central bank or other
monetary authority that falls out of line with traditional
measures.