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"Central banks use language as a monetary policy instrument," said Bernoth, author of the study. "The choice of words in speeches, press releases or interviews is never random, but carefully ...

Raising interest rates is a monetary policy instrument that typically helps suppress demand in the economy, thereby helping the inflation rate decline. Bank of Baroda asserted in a note recently ...

Federal Reserve Bank of Cleveland President Beth Hammack said on Wednesday that high levels of uncertainty in the U.S.

Raising interest rates is a monetary policy instrument that typically helps suppress demand in the economy, thereby helping the inflation rate decline.Bank of Baroda asserted in a note recently ...

The new central bank needed monetary instruments to act on the preamble. Given its familiarity with the term, the RBI also adopted the bank rate as its major policy rate. The RBI Act (1934 ...