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.

Good ideas don’t always outcompete bad ones. But willful foolishness usually has a cost. So it is with modern monetary theory. Ironically, this basket of economic fallacies, embraced by policymakers ...

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

China’s leadership has said monetary policy will remain “moderately loose” next year and that boosting domestic consumption is a core focus.

Central banks debate whether using monetary policy to foster financial stability through house prices is advisable. Although a rise in interest rates tends to lower house prices, it may come at a ...

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 ...

In economics, a booming economy where everyone has money to throw around isn't always a good thing. Like an engine, the economy can overheat, causing inflation; everyone has more money, but everything ...

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 ...

The Governing Council today decided to keep the three key ECB interest rates unchanged. Its updated assessment reconfirms ...

“You’re fired!” President Donald Trump’s famous line from The Apprentice has been making a comeback since he returned to office in January, but a few days ago, he took it a bit too far by calling for ...