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Practical design challenges in tokenized monetary policy As central banks explore moving policy tools onto blockchains, they face several significant design hurdles. These aren’t just technical.
The normal relationship between the Fed’s interest rate policy and various market rates – the ones that matter for consumers and businesses – has broken down.
European Central Bank Governing Council member Peter Kazimir said he opposes reviving any “special tools of monetary policy.” “The world after Covid and amid the geopolitical crisis, the war ...
The solution to higher government debt lies in borrowing less, rather than leaning on the Fed to make borrowing cheaper, ...
The PBOC has signalled that changes to China’s monetary policy framework may be on the horizon. We unpack China’s current monetary policy tools, analyse any upcoming changes, and report on ...
A more holistic and effective monetary policy framework and the right tools to implement and measure can be designed by bridging global norms with the unique tapestry of African economies.
The Federal Reserve is poised to make several key decisions during the year ahead that will impact monetary policy both in the near term and for years to come.
Fed Chairman Jerome Powell noted in his press conference that monetary policy is a messy and hard business. "We don't have precision surgical tools. We have essentially interest rates, the balance ...
Fiscal Versus Monetary Policy Fiscal and monetary policies both shape the economy, but they do so in distinct ways.
Relying excessively on monetary policy to stabilise currency markets or reduce current account surpluses is undesirable, a senior Bank of Japan official said on Tuesday.