official discount rate
The interest rate at which a central bank lends to commercial banks; a key monetary policy tool. In Japan, historically set by the Bank of Japan.
日銀は公定歩合を引き下げた。
The Bank of Japan lowered the official discount rate.
The Bank of Japan raised the official discount rate.
The central bank lowered the official discount rate as an economic stimulus measure.
When the official discount rate rises, market interest rates also tend to increase.
The Bank of Japan announces the official discount rate at its monthly meeting.