The latest spat between the Trump administration and the Federal Reserve is sounding more like a home-improvement reality TV show.

President Donald Trump’s attacks on Federal Reserve Chair Jerome Powell are so commonplace at this point that they barely register in financial markets these days. The rapidly intensifying ...

INVESTORS betting on a near-term plunge in interest rates may be mistaking political theatre for monetary policy reality.

The president hasn’t named a successor to Jerome H. Powell, but his insistence on someone who will lower interest rates has ...

If leading the Federal Reserve isn’t challenging enough, the next central bank chair will face an additional burden.

We find that nearly 70% of the total impact of U.S. monetary policy shocks on country-sector stock returns are due to the network effect of global production linkages. Empirical counterfactuals show ...

This paper is about the effectiveness of qualitative easing, a form of unconventional monetary policy that changes the risk composition of the central bank balance sheet with the goal of stabilizing ...

The monetary policy must be targeted and proactive to help improve economic structure, and be front-loaded and forward-looking to stay ahead of the market curve. The second is flexibility. The pace, ...

The Bangko Sentral ng Pilipinas  signaled the possibility of more interest rate cuts this year, citing easing inflation and softer economic growth, following the government’s downward revision of its ...

As the Fed's monetary policy independence is the bedrock of dollar credibility, its erosion would severely impair the dollar's global prestige and standing.

Empirical monetary policy shocks (EMPS) contain information about monetary policy both today and in the future. We define the term structure of monetary policy news as the marginal impact of an EMPS ...

China's central bank said on Friday that it would adjust the pace and intensity of policy implementation in response to domestic and global economic and financial conditions.