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What other factors does Williams note contributed to the inflation experienced in the U.S. in 2020 and 2021?
The Phillips curve describes an inverse relationship between unemployment and inflation. Why does former Federal Reserve Chair Ben Bernanke say that there is “not a simple inverse relationship between ...
Under the interim governance of Muhammad Yunus, the long-troubled country has seen positive economic, political and ...
Russian President Vladimir Putin has sacrificed an estimated 1 million of his soldiers, killed and wounded, in a three-year ...
Semiannual Monetary Policy Report To Congress In outlining the current economic situation and outlook, Chair Powell commented how the labor market was solid, with the unemployment rate at 4.2%.
Empirical monetary policy shocks (EMPS) contain information about monetary policy both today and in the future. We define the term structure of monetary policy news as the marginal impact of an EMPS ...
The 2-year Treasury today trades with a yield of 3.80%, while the fed funds rate is still stuck at 4.375%, which suggests the Fed/FOMC is right about monetary policy’s impact.
Central banks are testing blockchain to run monetary policy using smart contracts and tokenized assets. Project Pine shows what this future could look like.
As the CBN adopts a cautious approach to monetary policy amid these oscillating conditions, its strategy remains focused on anchoring inflation expectations and alleviating exchange rate pressures.
Central banks should still be able to conduct monetary policy effectively and perhaps be even nimbler in a more decentralized financial system, according to the findings of a joint report released ...
The Trump administration isn’t exactly known for doing things by the book, but insulting the person they hope saves them from their own policies seems especially strange.
Singapore is expected to further ease monetary policy at next week's review, following a move in January, as U.S. tariffs against its trading partners cast a shadow over the outlook for the export ...