Macro Policy

Definition ∞ Macro policy refers to the broad economic strategies implemented by governments or central banks to influence the overall economy. These policies typically involve fiscal measures, such as taxation and government spending, and monetary measures, such as adjusting interest rates and managing the money supply. Their objective is to achieve stable economic growth, low inflation, and full employment.
Context ∞ In the cryptocurrency sphere, macro policy is relevant because central bank actions directly affect the availability of capital and investor risk appetite, which in turn can influence digital asset prices. News reports often analyze how anticipated or actual changes in macro policy, like interest rate adjustments or quantitative easing, might impact the crypto market. Understanding these policies is crucial for assessing broader economic trends that can spill over into digital asset valuations.