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

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

The report said stablecoins reached their highest annual transaction volume to date in August 2025, surpassing $4 trillion, ...

Before the 2008 global financial crisis, the Federal Reserve’s balance sheet stood somewhere in the neighborhood of $900 billion. In the years that followed, the Fed would embark on a series of ...

Discover the European Central Bank's key functions, structure, and role in Eurozone monetary policy, ensuring price stability ...

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 seeks to control the economy by manipulating the money supply and interest rates. Fiscal policy is designed to achieve the same end using targeted taxes and spending. The Achilles' ...

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, ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Greece has reached a crossroads. For the first time, we in the eurozone are engaged in full surveillance over ...

Central banks debate whether using monetary policy to foster financial stability through house prices is advisable. Although a rise in interest rates tends to lower house prices, it may come at a ...

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 ...