Discover how the monetary conditions index (MCI), which was developed by the Bank of Canada, evaluates economic conditions using interest and exchange rates.

RBI Monetary Policy 2025: RBI monetary policy: The Reserve Bank of India (RBI) revised inflation forecast downward to 3.1% for 2025–2026 from 3.7% that was earlier projected with Q2 at 2.1%, Q3 at 3.1 ...

This paper documents that households with higher marginal propensities to consume (MPCs) tend to consume goods with more ...

Under the interest rate corridor (IRC) framework, the central bank sets the floor and ceiling of policy rate and lets other money market rates such as interbank rate move within this floor and ceiling ...

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 ...

China’s leadership has said monetary policy will remain “moderately loose” next year and that boosting domestic consumption is a core focus.

Discover how the European Monetary System (EMS) stabilized currencies and laid the groundwork for the euro, creating economic unity in Europe from 1979 onwards.

CFR’s Global Monetary Policy Tracker compiles data from 54 countries around the world to highlight significant global trends in monetary policy. Who is tightening policy? Who is loosening policy? And ...

In economics, a booming economy where everyone has money to throw around isn't always a good thing. Like an engine, the economy can overheat, causing inflation; everyone has more money, but everything ...

Monetary policy is the area of economic policy dealing with how much money is available in the economy and how easy it is to borrow money. Economics study the effects of monetary policy on growth, ...

Good morning. I’m very pleased to be in such eminent company, especially that of my former advisor at Stanford, John Taylor. And I’ll begin my presentation with a reference to another pathbreaking ...