Bank of Japan Governor Ueda commits to effectively steering monetary policy to achieve a stable 2% inflation target. Ueda: Underlying Inflation Likely to Converge Toward 2% Target in Second Half of FY ...

We incorporate incumbent innovation in a Keynesian growth framework to generate an endogenous distribution of market power across firms. Existing firms increase markups over time through successful ...

BRASILIA, Aug 14 (Reuters) - Brazil's inflation has shown more downside surprises than analysts had expected, but remains above target and is being driven by strong demand, requiring contractionary ...

When inflation affects countries globally, as it did after the COVID-19 pandemic, how should central banks respond? Chicago Booth’s Veronica Guerrieri and her coauthors find that if monetary ...

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 ...

The Fed should not worry that higher oil prices will be inflationary; they should worry that Iran War uncertainty that is not ...