While investors eagerly await lower interest rates when the FOMC meets on March 17-18, the leading monetary policy rules ...

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

In this week's banking news roundup: The Federal Reserve released additional information about its periodic review of its monetary policy strategy, tools and communications framework; TD Bank Group ...

This paper investigates the impact of monetary policy on capital misallocation, focusing on its heterogeneous effects on firms. Using Spanish firm-level data spanning 1999 to 2019, we demonstrate that ...

Modern monetary theory increasingly supports a clear mandate: central banks work best when price stability is their primary objective ...