Arguments for monetary policy are that it controls inflation through a target interest rate; is quick and easy to implement; can be undertaken by independent and politically neutral central banks ...

The Bank of Japan on Friday took another step toward normalizing monetary policy—or did it? Add confusion to the list of risks from decades of policy experimentation by the central bank in the world’s ...

China’s suspension of Hong Kong’s stablecoin rollout underscores that financial innovation cannot stray beyond the political boundaries of ‘one country two systems’, especially where monetary ...