This model may define the next generation of global finance, shaped by digital adoption, institutional evolution and ...

Discover how the Bank of England shapes U.K. monetary policy, sets interest rates, and ensures financial stability, mirroring the function of the U.S. Federal Reserve.

Discover how the monetary conditions index (MCI), which was developed by the Bank of Canada, evaluates economic conditions using interest and exchange rates.

This paper documents that households with higher marginal propensities to consume (MPCs) tend to consume goods with more ...

Good morning. I’m very pleased to be in such eminent company, especially that of my former advisor at Stanford, John Taylor. And I’ll begin my presentation with a reference to another pathbreaking ...

Before the 2008 global financial crisis, the Federal Reserve’s balance sheet stood somewhere in the neighborhood of $900 billion. In the years that followed, the Fed would embark on a series of ...

Under the interest rate corridor (IRC) framework, the central bank sets the floor and ceiling of policy rate and lets other money market rates such as interbank rate move within this floor and ceiling ...

In his December press conference, Federal Reserve Chair Jerome Powell said the central bank was embarking on a "new phase" of monetary policymaking. Just what that entails will play out over the next ...

Financial conditions indexes summarize a broad range of financial indicators with the goal of measuring how financial markets affect economic activity. Evidence from event studies with high-frequency ...

In economics, a booming economy where everyone has money to throw around isn't always a good thing. Like an engine, the economy can overheat, causing inflation; everyone has more money, but everything ...

RBI Monetary Policy 2025: RBI monetary policy: The Reserve Bank of India (RBI) revised inflation forecast downward to 3.1% for 2025–2026 from 3.7% that was earlier projected with Q2 at 2.1%, Q3 at 3.1 ...

Monetary policy refers to the actions taken by a central bank to manage the money supply and interest rates in an economy. Monetary policy refers to the actions taken by a central bank or monetary ...