Modern monetary theory increasingly supports a clear mandate: central banks work best when price stability is their primary objective ...

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 ...

While investors eagerly await lower interest rates when the FOMC meets on March 17-18, the leading monetary policy rules ...

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 ...

Good afternoon. It is a pleasure to be with you here at this critical juncture for the global economy. Since early April, the US effective tariff rate has increased to levels last seen over a hundred ...

The struggles going on here in Mozambique were pivotal in my personal political awakening in the late 1970s as a 12–13-year-old. It has been great in more recent years to have had the privilege to ...