economic stability
/ɪˈkɒnəmɪk steɪˈbɪləti/A state of an economy characterized by steady growth, low inflation, and minimal fluctuations in key economic indicators such as GDP, employment, and prices.
Central banks often adjust interest rates to promote economic stability.
Central banks often adjust interest rates to maintain steady economic conditions.
Economic stability is crucial for attracting foreign investment.
Steady economic conditions are essential for attracting foreign investment.
Economic stability is often a goal of monetary and fiscal policies.
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Related Phrases
💡Pro Tip
Context Matters
Economic stability is often discussed in formal contexts such as economic reports, policy discussions, and financial news.
⚡Gold Rule
Avoid Misuse
Do not use 'economic stability' to describe personal financial stability. It refers to the broader economy, not individual finances.
📖Word Origin
From 'economic' (relating to the economy) + 'stability' (the state of being stable). The term combines economic principles with the concept of stability in economic conditions.
📝Usage Notes
Economic stability is often discussed in the context of government policies, central bank actions, and global economic trends. It is a key indicator of a healthy economy.