Monetary Policy is implemented by the Federal Reserve Bank of the U.S. to control inflation, regulate interest rates, and support the efficient functioning of the banking system. Fiscal Policy is ...

Central banks shape the rhythm of the economy in many ways, from policy settings to money determinations that can have a ...

Nick Rowe and Bill Woolsey bring up some interesting points in their recent posts. These points are often neglected, but are of the utmost importance for monetary policy. Below, I will explore what is ...

Disclaimer: IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the ...

For release at 2:00 p.m. EDT May 7, 2025 Although swings in net exports have affected the data, recent indicators suggest that economic activity has continued to expand at a solid pace. The ...

In South Africa, the Reserve Bank reviews its repo rate every two months to balance inflation control with growth. The Bank of England follows a similar framework, using its Base Rate to anchor ...

Some forces in life may be powerful and obvious, yet remain a bit mysterious—think of weather systems, consumer trends and, yes, the Federal Reserve. The Fed, as it is colloquially known, does have a ...

This paper evaluates the effects of unanticipated monetary policy shocks on Italian output on the basis of highly disaggregated data and a VAR methodology. The impact of unexpected changes in the ...

It has been holy writ among central banks that the goal of monetary policy should be to achieve a 2% rate of inflation. Federal Reserve boss Jerome Powell, for example, says he will fight the current ...

As Suriname celebrates 50 years of independence, it finds itself at a critical juncture. In recent years, it had commendably restored macroeconomic stability and significantly improved its ...