Production is a tautological signal of money in circulation, not the existence of central banks, mints, Treasuries or ...

The Federal Reserve will soon begin its quinquennial review of the monetary policy strategy, tools and communications ...

Here are five monetary policy developments to track during the year ahead. In its last meeting, the FOMC voted to reduce its benchmark rate by a quarter percentage point, to a range between 4.25% and ...

In summary, Mr. Chairman, the key point I am trying to convey is the difference between interest rate spreads and the absolute level of interest rates. The former is determined in competitive ...

Inflation is a monetary phenomenon that can only be caused by excess money, not artificially jacked-up prices. Read more here ...

“Monetary policy is well positioned to keep the risks to our goals in balance” and “the path for monetary policy will depend ...

In our model, a persistent large adverse supply shock can lead to a persistent inflation surge while output expands if the central bank follows an inflation forecast-based policy rule and thus ...

The Bank of Japan (BoJ) published the Summary of Opinions from its December monetary policy meeting, with the key findings noted below. BoJ member plans to adjust easing measures if the outlook is ...