Explore "fool in the shower," Milton Friedman's metaphor explaining monetary policy's timing challenges and how overcorrection can impact the economy's stability.
Discover non-standard monetary policies, those beyond traditional methods, and their role in economic recovery; see examples like quantitative easing and negative rates.
The Federal Reserve Building in downtown Washington DC, USA at night. HDR image. The Hoover Institution sponsored a conference this week at Stanford University to commemorate the 50-year anniversary ...
Recent research has identified periods when the Federal Reserve intentionally acted to slow inflation when it exceeded desired levels. The success of these disinflation attempts reveals the extent of ...
This data series is part of the Center for Monetary Research. Monetary Policy Surprises data capture the exogenous changes in interest rates over tight windows around the monetary policy announcements ...
PALM BEACH, FLORIDA - MARCH 19: Former U.S. President Donald Trump speaks to the media after voting at a polling station setup in the Morton and Barbara Mandel Recreation Center on March 19, 2024, in ...
At "Labor Markets in Transition: Demographics, Productivity, and Macroeconomic Policy," an economic symposium sponsored by the Federal Reserve Bank of Kansas City, Jackson Hole, Wyoming Over the ...
The Central Bank of Nigeria (CBN), this year, implemented a series of interest rate hikes, raising the Monetary Policy Rate (MPR) from 26.25% in May to 27.50% by this month, to combat rising inflation ...
US Federal Reserve Chair Jerome Powell on Friday made remarks at the Jackson Hole Symposium and left doors open foor a possible rate cut in the Fed's upcoming meeting. US stocks extended gains ...
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