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 ...

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, ...

Typically, a US president announces a new Fed chair a few months before the incumbent's term ends - just enough time for ...

In this paper, we apply the Structure Vector Autoregression (SVAR) model to analyze the impact of U.S. monetary policy on China's stock market. We selected Shanghai Composite Index as a representative ...

We find a more extensive implementation of macroprudential policies would lead PHs to (re)gain monetary independence from the CEs when the CEs implement expansionary monetary policy; when PHs run ...

Anisuzzaman Chowdhury, special assistant to the chief adviser today (28 June) stressed the need for coordination between monetary and fiscal policy for the sake of overall macroeconomic stability of ...

New provisions that benefit whaling captains and rural hospitals appear to be aimed at winning over Senator Lisa Murkowski, the Alaska Republican who had said the bill would hurt her state.

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 ...

Research published by Australia’s central bank has found that monetary easing can reduce inequality in some circumstances. The Reserve Bank of Australia study, published today (June 27), uses wealth ...

Rates and Risks: Bowman's Vision for U.S. Monetary Policy Federal Reserve Vice Chair Michelle Bowman indicated a potential interest rate cut due to rising risks in the job market and stable inflation ...

Federal Reserve Bank of Boston President Susan Collins said Tuesday monetary policy is in the right place.

Deflation is the decline in prices for goods and services that happens when the inflation rate dips below 0%.