Officials at the Federal Reserve have adopted a wait-and-see approach to policy moves amid extreme uncertainty about the ...

A heterodox school of economic thought known as modern monetary theory has significant implications for how Canadians ...

The growing role of nonbanks in corporate credit intermediation raises important but underexplored questions about how both monetary policy (MP) and macroprudential policies (MaPP) affect lending and ...

Monetary policy transmission in EMs has been found to be weak historically due to under-developed financial markets and heavy central bank intervention in FX markets that undermine the exchange rate ...

U.S. Federal Reserve officials at their last meeting acknowledged they could face "difficult tradeoffs" in coming months in ...

We review recent research and experiences linking inflation and expectations, emphasizing what has been learned since 2020. One clear lesson is that the inflation expectations of most economic agents ...

Our identification strategy is based on the exogenous rotation of voting rights among Reserve Banks and on within borrower-time and district-time variation in DW loans and Federal Home Loan Bank (FHLB ...

The BoJ sets monetary policy in the country. Its mandate is to issue banknotes and carry out currency and monetary control to ensure price stability, which means an inflation target of around 2%.

In January 2019, after a series of discussions around long-run frameworks for monetary policy implementation, the FOMC communicated its intention to maintain an ample supply of reserves, affirming the ...

The management of the money supply in this way is referred to as monetary policy Meeting customers' requests for withdrawals of the money they've deposited is a typical bank activity. However ...

On June 28, the People's Bank of China, the central bank, announced in a statement released after a quarterly meeting of its monetary policy committee that it will work to "strike a balance between ...

In such a context, China must adhere to a monetary policy that is forward-looking, stable, targeted, effective and independent. With an eye on stability, the tone was set for 2022 at the Central ...