We investigate the role of government credit in monetary policy transmission, using detailed credit registry data from Brazil ...

Monetary policy guides inflation and economic growth. Learn what it means, the main types, and how central banks manage interest rates and stabilize the economy.

This model may define the next generation of global finance, shaped by digital adoption, institutional evolution and ...

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

We construct a new dataset of FOMC meeting transcripts from 1966 to 1990 to analyze the sources of heterogeneity in individual monetary policy preferences and study how this heterogeneity shapes ...

Once upon a time, not that long ago actually, the federal deficit and national debt mattered. In 2008, then-presidential candidate Barack Obama said, “We’re just taking out a credit card from the Bank ...

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 ...

At the monetary policy assessment of 9 and 10 December 2025, the Governing Board of the Swiss National Bank decided to leave ...

The present monetary inflation without break is the longest on record. So, it's difficult to know how the current ...

Even Milton Friedman—who never supported gold as money—admitted that a monetary system based on gold would “take care of ...

OP-ED. Olivier Garnier, the chief economist at the Banque de France, argues in an op-ed for Le Monde that central banks have ...

The recent pronouncement by the Reserve Bank of Zimbabwe governor, John Mushayavanhu, that the country will “continue and ...