The other but more commonly used monetary policy is to change the rate to effectively alter the rate of interest on deposits.

另一种更广泛被运用的货币政策是改变比率，以有效地调整存款的利率水平。

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This followed a tightening in monetary policy that lifted the base rate from 3.5% in October 2003 to 4.75% in August 2004.

然而随后货币紧缩的政策又将2003年10月份3.5%的基础利率上调至2004年8月份的4.75%。

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Since the bank's monetary-policy committee met in July, when it voted unanimously to keep the base rate at 4.5%, inflationary pressures have intensified.

因为该银行的货币政策委员会曾于7月召开会议，一致通过将基本利率保持在4.5％，自此，又增强了通货膨胀的压力。

youdao

The other but more commonly used monetary policy is to change the rate is to effectively alter the rate of interest on deposits.

另一种形式，更广泛地被运用着,是货币政策是用来改变比率,有效地调整存款的利率水平。

耶鲁公开课 - 金融市场课程节选

Another negative factor for the U.S. dollar remains the interest rate differential outlook or the official monetary policy rate.

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The official monetary policy rate, or federal funds rate remains at zero to 0.25 basis points and the Federal Open Market Committee has suggested rates will remain at that level through mid-2013.

FORBES: Fed Watch 2012: What Does Ben Have Up His Sleeve Now?

But this is merely to say that they have no coherent exchange-rate policy: monetary policy and exchange-rate policy (aside from occasional meddling) are operationally indivisible.

ECONOMIST: Off target