Discover how the Bank of England shapes U.K. monetary policy, sets interest rates, and ensures financial stability, mirroring ...

Discover how the monetary conditions index (MCI), which was developed by the Bank of Canada, evaluates economic conditions using interest and exchange rates.

Monetary policy is the management or political maneuvering of the nation's economy. In the United States, the Federal Reserve is responsible for making monetary policy. The Federal Reserve typically ...

The Federal Reserve has battled a variety of economic troubles over the past 35 years. Between tech busts, a financial crisis ...

This paper documents that households with higher marginal propensities to consume (MPCs) tend to consume goods with more ...

The State Bank of Pakistan (SBP) on Monday reduced the policy rate by 50 basis points to support sustainable economic growth, delivering a surprise to markets and marking a move that diverged from the ...

In his December press conference, Federal Reserve Chair Jerome Powell said the central bank was embarking on a "new phase" of monetary policymaking. Just what that entails will play out over the next ...

Before the 2008 global financial crisis, the Federal Reserve’s balance sheet stood somewhere in the neighborhood of $900 billion. In the years that followed, the Fed would embark on a series of ...

Financial conditions indexes summarize a broad range of financial indicators with the goal of measuring how financial markets affect economic activity. Evidence from event studies with high-frequency ...

CFR’s Global Monetary Policy Tracker compiles data from 54 countries around the world to highlight significant global trends in monetary policy. Who is tightening policy? Who is loosening policy? And ...

Good morning. I’m very pleased to be in such eminent company, especially that of my former advisor at Stanford, John Taylor. And I’ll begin my presentation with a reference to another pathbreaking ...