The paper explores the various monetary policy strategies that may be pursued in the presence of dollarization, considers the implications of dollarization for the practical application and ...

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 ... as the monetary system is based on government-issued paper (fiat) base money, some group of government officials ...

On the two-year rates, which incorporate expectations of short-term policy moves, the transatlantic difference is close to 3 percent. Normally, such a stark divergence in monetary policy would ...