Over the years the responsibility of stabilization policy have increasingly been place on the shoulders of central banks. However, for central banks to deliver on this mandate their monetary policy ...

This Selected Issues Paper reviews Ethiopia’s transition to an interest-rate based monetary framework. For this framework to be effective, monetary transmission—the process through which policy rate ...

Monetary policy in the world’s largest economies is entering a new phase shaped by artificial intelligence (AI), digital ...

Given that transmission occurs with long and variable lags, the efficacy of monetary policy critically depends on the magnitude and speed with which changes in the policy rate are reflected in ...

It is widely believed that a recession can be avoided when inflation expectations remain anchored to the inflation target under a rule-based monetary policy ...

Broad adoption of stablecoins could weaken monetary policy transmission and potentially erode monetary sovereignty, a working paper released by the European Central Bank said on Tuesday. The paper ...

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 ...

Private credit markets were less responsive to higher interest rates than banks and other more traditional lenders during the Federal Reserve's most recent round of policy tightening. Processing ...

FRANKFURT, March 19 (Reuters) - Following is the statement from the European Central Bank following its policy meeting. The Governing Council today decided to keep the three key ECB interest rates ...

BRASILIA (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 will ...

The Bank of Ghana has cut its benchmark rate by a cumulative 1,450 basis points since its 2023 peak. Commercial bank lending rates have followed. For the traders, farmers and micro-entrepreneurs who ...