Explore unconventional monetary policy, including quantitative easing, and learn how these strategies can stimulate economic ...

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 ...

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 ...

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

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 ...

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 ...

Monetary liabilities are balances your business owes for certain accounts established by your business operations or the legal structure of your company. In most cases, a monetary liability is a fixed ...

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

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 ...

Inflation targeting—a framework for monetary policy that commits the central bank to achieving low inflation—has enjoyed considerable success among industrial countries in helping to maintain price ...