The time between a change in interest rates and when an
effect is felt in the economy. A typical lag time is 6 to 12 months.
"monetary policy lag." YourDictionary, n.d. Web. 17 August 2018. <http://www.yourdictionary.com/monetary-policy-lag>.
monetary policy lag. (n.d.). Retrieved August 17th, 2018, from http://www.yourdictionary.com/monetary-policy-lag