Spain has two. One crisis stems from the by-now-commonplace mismanagement... The European Central Bank’s (ECB’s) introduction of Outright Monetary Transactions (OMTs)—the purchase of ...

The need for further interest rate hikes was discussed at the most recent Bank of Japan monetary policy meeting ... expected to remain significantly negative after the policy interest rate hike," one ...

Authors should remove any suggestion or implication of superiority or inferiority of one ... contain page and line numbers in order to facilitate the review process. The manuscript should be written ...

If this wedge continues until the end of 2025, the current episode would be one of the longest divergences on record. Past episodes of monetary policy divergence lasted less than three years, with ...

These expected benefits, however, might be small or are unlikely to be realized in practice. One benefit of a CBDC could be to allow monetary policy to break below the effective lower bound (ELB).

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

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

Federal Reserve Chairman Jerome Powell is on Capitol Hill Tuesday for the first of two hearings he will testify in this week.

The Federal Reserve's latest Monetary Policy Report describes the U.S. economy as being in a solid position amid a monetary ...

As 2025 begins, the trajectory of U.S. monetary policy remains one of the most hotly debated topics in financial and economic circles. Following a tumultuous 2024 marked by persistent inflationary ...

Analyzing results with high-frequency policy shocks One drawback of using attempted disinflations to assess the impact of monetary policy tightening is that there are very few episodes in our sample.

The Federal Reserve doesn’t need to adopt a “Monetary Policy Rule ... It’s an excuse that fails three times. For one, it’s not even fully true what the scholars say about the U.S ...