Monetary policy is one of the most important tools available to a central bank for managing an economy. In India, it is conducted by the Reserve Bank of India (RBI), and every two months, the RBI’s ...

Central bank digital currencies (CBDCs) promise many benefits but, if not well designed, they could have undesired consequences, including for monetary policy. Issuing an unremunerated CBDC or a ...

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 ...

Michelle Bowes is a Sydney-based business and personal finance journalist; author of 'Money Queens: Rule Your Money', a personal financial guidebook for teenage girls; and a personal finance speaker ...

This paper discusses recent challenges in BCEAO monetary policy, from a recent spike in inflation, the persistent erosion of external reserves, and strains in the regional financial market. In ...

Does “monetary policy” – in the form of interest rate adjustments – actually work? Can the Federal Reserve “tame” inflation by raising the Federal Funds Rate? The question arises today because despite ...

The financial sector remains a game changer in nation building. Its ability to provide credit to private and public enterprises keeps it ahead of other sectors of the economy. Regulators, operators ...

Monetary policy is often regarded as having only temporary effects on the economy, moderating the expansions and contractions that make up the business cycle. However, it is possible for monetary ...

A viral video of President Joe Biden's chief economic adviser, Jared Bernstein, appearing to struggle to explain how monetary policy works has raised new questions about the administration's handling ...