OANDA reports that global central banks are diverging in monetary policy, reflecting unique economic challenges and ...
It is widely believed that a recession can be avoided when inflation expectations remain anchored to the inflation target under a rule-based monetary policy ...
While investors eagerly await lower interest rates when the FOMC meets on March 17-18, the leading monetary policy rules suggest holding steady is the right approach. Read more ...
Recent research has identified periods when the Federal Reserve intentionally acted to slow inflation when it exceeded desired levels. The success of these disinflation attempts reveals the extent of ...
Journal Editorial Report: The week's best and worst from Kim Strassel, Allysia Finley and Dan Henninger. Photo: Jimin Kim/Dave Decker/Zuma Press The Federal Reserve’s decision to cut rates in December ...
Surveys of professional economic forecasters and financial market data can reveal public perceptions about the future conduct of monetary policy. Current estimates suggest that both professional ...
This paper studies domestic monetary policy transmission in European countries with a significant share of lending and deposits in foreign currency, referred to as ‘euroized economies’. We find that ...
At 15 percent, Brazil’s monetary policy interest rate (called Selic) is one of the highest among major economies. Yet in 2024, bank credit grew by 11.5 percent and corporate bond issuance rose by 30 ...