Using a DSGE model, we show that the exchange rate plays a critical role to amplify the favourable impact of unconventional monetary policy while it attenuates the effectiveness of conventional fiscal ...

Turkey's deputy central bank governor Hatice Karahan said on Wednesday that monetary policy tightness will be the main risk ...

Federal Reserve Chair Jerome Powell, in a speech at the Society for Advancing Business Editing and Writing annual conference, stated in part: “Our monetary policy stance is well positioned to ...

India's Monetary Policy Committee (MPC), which consists of three members of Reserve Bank of India (RBI) and three external members, cut the key repo rate by 25 basis points to 6% earlier at the ...

BOJ Summary of Opinions: One member believes underlying inflation highly likely to steadily accelerate toward 2% due to consistent price increases, wage discussion result.

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation Central banks conduct monetary policy to achieve price stability, but decisions also have effects on labor-market outcomes.