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Tokenized monetary policy uses blockchain, digital tokens, and smart contracts to carry out central bank functions like interest rate control, liquidity management, and asset purchases. The Bank ...
Financial markets were shaken but not stirred this past spring, according to the Federal Reserve, as swinging stock prices ...
Monetarists and rational expectations economists believe that if monetary policy is transparent, then increases in the money ...
Some policy analysts and observers see the Fed's disparate treatment of its authorities as a pragmatic choice. Facing pressure on multiple fronts, Karen Petrou, managing partner at Federal Financial ...
Download PDF . Monetary Policy in the Digital Age. 1) Future of money; Crypto assets may one day reduce demand for central bank money. Dong He. The global financial crisis and the bailouts of major ...
Central banks should still be able to conduct monetary policy effectively and perhaps be even nimbler in a more decentralized financial system, according to the findings of a joint report released ...