Monetary policy describes the ways in which the central banks change the money supply in order to accomplish certain economic objectives. In the U.S. this is done by the Federal Reserve.

Federal Reserve Bank of New York President John Williams said Tuesday the current level of short-term interest rates should ...

For one thing, the desirability and appropriate contours of the function cannot be identified independently of the monetary policy framework. Suppose bank deposits were not defined in nominal terms, ...

The Federal Reserve's monetary is well-positioned to achieve the central banks' maximum employment and price stability ...

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?

The Federal Reserve's latest Monetary Policy Report to Congress, released on Friday, was upbeat about the state of the ...

The Federal Reserve doesn’t need to adopt a “Monetary Policy Rule.” Not only would the central bank shed the pretense of rules-based constraints on its power during times of upheaval and unc ...

This was especially evident during recent monetary policy tightening, with contributions to core inflation from demand declining 2 percentage points since the summer of 2022—the largest decline for ...

The Gosbank disappeared, and monetary policy functions were vested in the central banks of the countries in the ruble area. Russia and the other former republics (except the Baltics) agreed to ...