As a result, we needed to find a new nominal anchor. A policy based on a monetary aggregate did not seem feasible, particularly considering the uncertainties inherent in the crisis sweeping through ...

Federal Reserve Bank of Chicago President Austan Goolsbee called this a “critical moment” for monetary policy on Thursday, with the U.S. economy at a transition point as the year comes to a close.

The last systemic or significant change in our Federal Reserve’s monetary policy occurred in 1971 ... busy designing its own digital currency/transition system that would allow the incumbents ...

As a consequence, developing and transition economies that still maintain a fixed exchange rate as a nominal anchor for monetary policy are coming under mounting pressure to move either toward more ...

This photo taken from Jingshan Hill on Aug. 12, 2024 shows the skyscrapers of the central business district (CBD) on a sunny ...

Overall debt levels held by Americans rose modestly in the final quarter of last year on a healthy consumer sector, even as ...

The monetary policy committee on Friday cut the policy interest rate by 25 basis points to 6.25% to support growth. At a post ...

What can the rest of the world do to accelerate this and collectively shoulder the responsibility of the transition? Why have central banks around the world been hesitant in utilising their monetary ...

Richards The battle against spiraling inflation entered a new phase with the Central Bank of Nigeria’s plan to adopt inflation targeting framework to price management. The framework, which is also ...