This is widely known as the Federal Reserve's dual mandate: promoting maximum employment and stable prices. The Fed itself ...

Central banks shape the rhythm of the economy in many ways, from policy settings to money determinations that can have a ripple effect on the entire population.

The Federal Reserve's policy framework is in flux, with credibility eroding after 4.5 years of missing its 2% inflation ...

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 ...

When you ask economists what they think about the Federal Reserve’s monetary policy, as in interest rates, a growing number of them will tell you that rates are restricting the economy too much right ...

Financial conditions indexes summarize a broad range of financial indicators with the goal of measuring how financial markets affect economic activity. Evidence from event studies with high-frequency ...

The Federal Reserve tightened monetary policy rapidly between 2021 and 2023. In addition, a weekly proxy federal funds rate shows that markets perceived the policy stance as tightening significantly ...

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 ...

Fed governor Stephen Miran calls for large interest rate cuts, warning that current policy is "holding the economy back" and ...