We take our monetary system for granted, complacently trusting that the experts are doing their jobs well. Yet our current system strays very far from what the public would actually prefer. Read Full ...

This Fintech Note aims to analyze how the issuance of central bank digital currency (CBDC) could affect monetary operations, which include central banks managing the demand and supply of reserves to ...

Do periods of persistently loose monetary policy increase financial fragility and the likelihood of a financial crisis? This is a central question for policymakers, yet the literature does not provide ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation Since the Global Financial Crisis, fiscal policy in advanced economies has become more “active” – that is, increasingly ...

Does “monetary policy” – in the form of interest rate adjustments – actually work? Can the Federal Reserve “tame” inflation by raising the Federal Funds Rate? The question arises today because despite ...

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 ...

April 18 (Reuters) - Turkey's monetary policy is fully functional and the policy mix going forward will be more supportive, but more time is needed to see its effects and convince society at large, ...

Australia's inflation risks in the country had eased, despite some persistent headwinds, particularly from overseas economies and ongoing services inflation, according to the Reserve Bank's December ...