policy-settingadjective [ before noun ]
ukusGOVERNMENT, ECONOMICS, POLITICS used to describe an organization, etc. that decides new policies for a government, political party, etc.:
policy-setting committee/council/panel Investors are concerned the Federal Reserve's policy-setting committee will raise interest rates at its next meeting.
policy-setting meeting/session As expected, the German central bank in a policy-setting session left its key interest rates unchanged.