Learn how the Taylor Rule helps central banks adjust interest rates to control inflation and stabilize the economy.
Modern monetary theory increasingly supports a clear mandate: central banks work best when price stability is their primary objective ...
Federal Reserve officials are publicly at odds ahead of the central bank’s December policy meeting about whether to cut interest rates again to bolster the labor market. But behind the latest ...
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IMF presses for credible fiscal rule in South Africa
International Monetary Fund officials have urged South Africa to ensure that a planned fiscal rule designed to guide public spending and debt management is carefully structured and strongly supported, ...
This paper examines how housing market overvaluation—measured by the price-to-rent ratio and its deviations from long-term trends—affects the transmission of monetary policy. Using U.S.
This paper studies domestic monetary policy transmission in European countries with a significant share of lending and deposits in foreign currency, referred to as ‘euroized economies’. We find that ...
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