This book, by Omotunde E.G. Johnson, with Richard K. Abrams, Jean-Marc Destresse, Tony Lybek, Nicholas Roberts, and Mark Swinburne, identifies main policy and strategic issues in payment system reform ...

Central banks should still be able to conduct monetary policy effectively and perhaps be even nimbler in a more decentralized ...

A joint study by the Federal Reserve Bank of New York and the Bank for International Settlements found that a shift to ...

For release at 2:00 p.m. EDT May 7, 2025 Although swings in net exports have affected the data, recent indicators suggest that economic activity has continued to expand at a solid pace. The ...

An analysis by Goldman Sachs finds that reducing the independence of central banks like the Federal Reserve can contribute to ...

have played a role in boosting uncertainty and making it harder to know what needs to happen with central bank monetary policy. The central bank’s federal funds target rate range now stands at ...

Investing.com -- In a recent speech at the "John Taylor and Taylor Rules in Policy" Hoover Monetary Policy Conference ... s model suggested that a central bank might break its promise to keep ...

The People's Bank of China (PBC), the ... of the Communist Party of China Central Committee on April 25" and better tap a largely accommodative monetary policy to fire up economic growth, China's ...

the central bank needed to be independent and protected from threats to its independence. Waller concluded his speech by emphasizing the importance of having an independent policy board set monetary ...