OANDA reports that global central banks are diverging in monetary policy, reflecting unique economic challenges and ...

Arguments for monetary policy are that it controls inflation through a target interest rate; is quick and easy to implement; ...

The Federal Reserve doesn’t need to adopt a “Monetary Policy Rule.” Not only would the central bank shed the pretense of rules-based constraints on its power during times of upheaval and uncertainty ...

E-money development has important yet theoretically ambiguous consequences for monetary policy transmission, because nonbank deposit-taking e-money issuers (EMIs) (e.g., mobile network operators) can ...

Recent research has identified periods when the Federal Reserve intentionally acted to slow inflation when it exceeded desired levels. The success of these disinflation attempts reveals the extent of ...

Surveys of professional economic forecasters and financial market data can reveal public perceptions about the future conduct of monetary policy. Current estimates suggest that both professional ...

Central banks in late 2021 kicked off the steepest and most coordinated series of interest rate hikes in four decades to contain the postpandemic inflation outbreak (see Chart 1). Many economists ...

The Bank of Canada is reluctant to be a first mover on rate cuts and remains anxious about inflation, despite a loosening labor market. ECB President Christine Lagarde said the bank is making good ...

TEMPO.CO, Jakarta – Bank Indonesia said it will consistently steer its 2026 monetary policy to keep inflation within the 2.5±1 percent target range and safeguard rupiah stability, as part of efforts ...

The PBOC has signalled that changes to China’s monetary policy framework may be on the horizon. We unpack China’s current monetary policy tools, analyse any upcoming changes, and report on their ...