Monetary policy is perhaps the most pivotal driver impacting foreign exchange (forex) because it influences the currencies in circulation. Following the Federal Reserve’s announcement of hike rates to ...

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 ...

Monetary policy is often regarded as having only temporary effects on the economy, moderating the expansions and contractions that make up the business cycle. However, it is possible for monetary ...

Learn how accommodative monetary policy by central banks expands the money supply and stimulates economic growth through lower interest rates.

Empirical monetary policy shocks (EMPS) contain information about monetary policy both today and in the future. We define the term structure of monetary policy news as the marginal impact of an EMPS ...

Monetary policy is one of the most important tools available to a central bank for managing an economy. In India, it is conducted by the Reserve Bank of India (RBI), and every two months, the RBI’s ...