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The argument against the return to gold was made by the most famous economists of the day, Sweden’s Gustav Castel and Britain ...
Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate Inflation targeting (IT) serves as monetary policy framework in several ...
Japan's super-long government bond yields have spiked to record highs, as mounting political calls for tax cuts and big ...
This problem, which is by no means confined to dollarized economies, brings into question the policy of monetary targeting as opposed to, for example, relying on a wider set of indicators. Although ...
Some Bank of Japan board members saw scope to resume interest rate hikes after a temporary pause if developments over U.S.
St. Louis Federal Reserve President Alberto Musalem said Tuesday the U.S. central bank's monetary policy stance of "modestly ...
Similarly, when the Fed increases the IOR rate to push the FFR up, private banks still must cut back on lending if there is to be an economic slowdown. As with the pre-2008 crisis monetary ...
The anticipated easing of monetary policy in advanced economies, driven by declining ... According to the Governor, the committee will reassess the scope for a gradual easing in the policy stance.
The Federal Reserve has decided to keep interest rates unchanged, citing economic uncertainties related to tariffs despite ...
Given the cash rate is now 4.10 per cent, this suggests that the RBA board could deliver a 50 basis point cut in May and still leave policy mildly restrictive.