Discover how a policy mix combines fiscal and monetary policies to stabilize economies. Learn its components, benefits, and real-world applications in this comprehensive guide.

Learn how central banks use forward guidance to shape economic expectations and guide monetary policy decisions. Explore key examples and impacts on markets.

With Donald Trump now elected the next U.S. president, investors once again are honing in on important global economic variables and monetary policy. Attention is on inflation, growth and employment, ...

Financial markets adjust frequently to news, sending clues about how the economy is functioning. To expand our understanding of these market perspectives, the San Francisco Fed has increased the ...

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 ...

Recent research has identified periods when the Federal Reserve intentionally acted to slow inflation when it exceeded desired levels. The success of these disinflation attempts reveals the extent of ...

At 15 percent, Brazil’s monetary policy interest rate (called Selic) is one of the highest among major economies. Yet in 2024, bank credit grew by 11.5 percent and corporate bond issuance rose by 30 ...

This paper investigates the impact of monetary policy on capital misallocation, focusing on its heterogeneous effects on firms. Using Spanish firm-level data spanning 1999 to 2019, we demonstrate that ...