Since monetary policy is a rather blunt distributional tool, we argue that even a central bank with an explicit distributional mandate would not deviate much from conventional policy prescriptions.

"Quantitative easing is an unconventional monetary policy tool used after conventional tools have become ineffective," Nancy Davis, portfolio manager of the IVOL ETF and founder of Quadratic ...

The fading shadow of reflationists in the Bank of Japan, and the latest addition to the board of an academic favouring an end ...

The IMF working paper explores how financially constrained firms are more attentive to economic conditions and react ...

The RBI’s Monetary Policy Committee (MPC) may cut the repo rate by 25 bps in Governor Sanjay Malhotra’s first policy move.

"The appointment of someone like Koeda meshes with Ueda's goal of reverting to the conventional style of using short-term rates as the sole tool in guiding monetary policy," said Kiuchi ...