This year’s Jackson Hole Economic Symposium of central bankers from around the world is right to focus on the monetary-transmission mechanism, the channel through which monetary policy influences ...

OANDA reports that global central banks are diverging in monetary policy, reflecting unique economic challenges and inflationary pressures in 2026.

BRASILIA (Reuters) - Brazilian central bank executive director Rogerio Lucca said on Monday that unclogging the transmission channels of monetary policy is a potential challenge, highlighting that ...

BRASILIA, April 2 (Reuters) - Brazil's central bank governor Gabriel Galipolo said on Wednesday that unblocking monetary policy transmission channels is a generational challenge in the country which ...

This paper presents a new dataset of monetary policy shocks for 21 advanced economies and 8 emerging markets from 2000-2022. We use daily changes in interest rate swap rates around central bank ...

As the pioneer of inflation targeting in 1990, New Zealand's monetary policy framework has been a model for central banks globally. In recent years, tools like forward guidance—where a central bank ...

We provide novel empirical evidence that firms’ investment is more responsive to monetary policy when a higher fraction of their debt matures. In a heterogeneous firm New Keynesian model with ...

Central bankers are tapping nontraditional data sources for a more complete picture of the economy In the spring of 2020, the Federal Reserve faced a challenge: The COVID-19 pandemic was upending ...

While investors eagerly await lower interest rates when the FOMC meets on March 17-18, the leading monetary policy rules suggest holding steady is the right approach. Read more ...