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

Good ideas don’t always outcompete bad ones. But willful foolishness usually has a cost. So it is with modern monetary theory. Ironically, this basket of economic fallacies, embraced by policymakers ...

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

While the Fed eased its monetary policy on 10 December for the third consecutive FOMC meeting, without making any guarantees about future action, the Bank of England (BoE), the ECB and the Bank of ...

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

The Federal Reserve has battled a variety of economic troubles over the past 35 years. Between tech busts, a financial crisis ...

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 ...

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 ...

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 ...

Central banks debate whether using monetary policy to foster financial stability through house prices is advisable. Although a rise in interest rates tends to lower house prices, it may come at a ...

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 ...

CFR’s Global Monetary Policy Tracker compiles data from 54 countries around the world to highlight significant global trends in monetary policy. Who is tightening policy? Who is loosening policy? And ...