Monetary policy describes the ways in which the central banks change the money supply in order to accomplish certain economic objectives. In the U.S. this is done by the Federal Reserve.

Federal Reserve Bank of San Francisco President Mary Daly said Tuesday that monetary policy should remain in restrictive ...

Federal Reserve Bank of New York President John Williams said Tuesday the current level of short-term interest rates should ...

In the book, he and co-author Anna Schwartz championed monetarism and argued that the disastrous Great Depression of the 1930s came about as a result of poorly conjured monetary policy by the ...