noun
open market policy
Economic term referring to central bank operations that buy or sell government securities to control the money supply and interest rates.
日本銀行は公開市場政策を通じて金利を調整する。
The Bank of Japan adjusts interest rates through open market operations.
金融政策 is the broader monetary policy, while 公開市場政策 is a specific tool within it.
Compound of 公開 (open, public), 市場 (market), and 政策 (policy). A direct translation of the English term 'open market policy'.