Central banks in late 2021 kicked off the steepest and most coordinated series of interest rate hikes in four decades to contain the postpandemic inflation outbreak (see Chart 1). Many economists ...

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 ...

The European Central Bank is ready to respond swiftly to signs that inflation expectations are surpassing 2% because of the Iran war, according to Governing Council member Joachim Nagel.

The European Central Bank will need to consider hiking interest rates as soon as next month if price pressures build further ...

Much of today’s economic debate is plagued by a basic category error. Policymakers, commentators and even central bankers talk endlessly about inflation, when what ...

The war in Iran has upset the economic equilibrium Europe threatening energy supplies, growth and the outlook for consumer prices, upsetting economic forecasts.

By Joel Jose and Siddarth S March 20 (Reuters) - Major global brokerages see a higher likelihood of the European Central Bank ...

This data series is part of the Center for Monetary Research. The U.S. Monetary Policy Event-Study Database (USMPD) collects high-frequency changes of interest rates and asset prices around Federal ...

The Federal Reserve's dual mandate — price stability and maximum employment — normally provides a clear directional signal for monetary policy. When unemployment rises, the policy prescription is ...

Expand your understanding of spending and saving, discover your place in the economy and explore a world-class currency collection. Every five years, the Bank of Canada and the Government of Canada ...

The overall economy has proved resilient in recent years, even as many households have struggled. The war with Iran is ...

Jerome H. Powell, the chair of the Federal Reserve, emphasized the high degree of uncertainty stemming from the conflict as he acknowledged the potential for surging energy prices to lift inflation ...