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Monetary policy describes the ways in which the central banks change the money supply in order to accomplish certain economic objectives. In the U.S. this is done by the Federal Reserve.
St. Louis Federal Reserve President Alberto Musalem said Tuesday the U.S. central bank's monetary policy stance of "modestly ...
Central banks should still be able to conduct monetary policy effectively and perhaps be even nimbler in a more decentralized ...
In January 2019, after a series of discussions around long-run frameworks for monetary policy implementation, the FOMC communicated its intention to maintain an ample supply of reserves, affirming the ...
Central bank digital currencies (CBDCs) promise many benefits but, if not well designed, they could have undesired consequences, including for monetary policy. Issuing an unremunerated CBDC or a ...
For most of its modern history, the Fed’s main monetary policy tool was buying and selling government securities to influence the federal funds rate—the interest rate at which banks borrow ...
The Centre may substantially benefit in the current monetary policy easing cycle, with its average cost of borrowing likely to dip below the 7 per cent level in FY26 after staying at or above this ...
These expected benefits, however, might be small or are unlikely to be realized in practice. One benefit of a CBDC could be to allow monetary policy to break below the effective lower bound (ELB).