Cross-border deposits (bank deposits of residents in foreign countries) also play an important role as close substitutes for domestic FCD. The paper explores the various monetary policy strategies ...
The US Federal Reserve announced Friday its monetary policy meeting schedule for 2025 and 2026. Next year, the Federal Open Market Committee's (FOMC) two-day meetings will conclude Jan.
The BoJ sets monetary policy in the country. Its mandate is to issue banknotes and carry out currency and monetary control to ensure price stability, which means an inflation target of around 2%.