PsychologyAugust 10, 2026
accommodative
uh-KOM-uh-day-tiv
Definition
Describing a monetary policy intended to stimulate economic growth by keeping interest rates low to encourage borrowing and spending.
Etymology
The word stems from the Latin 'accommodare,' meaning to make fit or adapt, which entered Middle English to describe the act of providing something desired or needed.
In the news
The article uses the term to describe the Bank of Japan's current stance, as the central bank debates moving away from these growth-friendly interest rates to tighten monetary policy.
BOJ’s debate on faster hikes bolsters September rate move odds
Read the full article ↗WKZO