What does accommodative monetary policy mean?

accommodative monetary policy meaning in Law Dictionary

Stimulating economic development giving completely more income. It reduces national funds wrth earning money easier to borrow. Reference national open-market committee,tight financial plan and national book

accommodative monetary policy meaning in Business Dictionary

Central Bank policy that seeks to stimulate economic development by loosening money supply. An accommodative financial plan is typically characterized by a succession of decreases in the Federal resources price which makes money simpler (less expensive) for company to borrow. See Federal Open Market Committee (FOMC); Federal Reserve. Compare to Tight Financial Plan.