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Discover Ludwig"monetary policy" is correct and usable in written English.
You can use it when you are referring to the government's plan for managing money supply in an economy. For example, "The central bank announced a new monetary policy which was designed to lower inflation."
Dictionary
monetary policy
noun
The process by which the government, central bank, or monetary authority manages the supply of money, or trading in foreign exchange markets.
Exact(60)
What about monetary policy?
Was it monetary policy?
That is monetary policy.
(See also monetary policy).
Loosen monetary policy?
2. Monetary policy works.
Monetary policy.
Monetary policy is a problem.
One is monetary policy credibility.
Monetary policy did not change.
The first concerns monetary policy.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com