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 ...

Everything from interest payments to collateral valuation was automated, providing a glimpse into how monetary policy might function in a 24/7, tokenized financial system. This was not an isolated ...

Monetary policy is the bedrock of any nation’s economic policy, and everyone from part-time workers to huge financial institutions, both foreign and domestic, are impacted as it shifts. Here’s ...

Monetary policy was directed at achieving price and output stability, with the central bank’s reaction function well characterized by the Taylor rule [a relationship linking interest rates to ...

Discussions about monetary policy focus on its short-term impact. In other words, most central banks accept that the output of the economy in the long run is “independent” of monetary policy.

The IMF promotes global economic stability and growth through policy advice, financial support, and capacity building.

Bank of America CEO stresses Federal Reserve independence as key to economic stability amid political pressures. Learn why ...

One of the big functions of fiscal policy is to stabilize the economy on a year-by-year or period-by-period basis. If the economy is sluggish or in crisis, as it was in 2007 and 2008, the ...

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 ...

This is particularly true for the monetary policy function, which is firmly entrenched in central banks’ legislative mandates and practices. To date, numerous studies have validated the critical ...