In his December press conference, Federal Reserve Chair Jerome Powell said the central bank was embarking on a "new phase" of monetary policymaking. Just what that entails will play out over the next ...
In its latest quarterly review, the Bank for International Settlements (BIS) examines what a gummed-up housing market means for monetary policy. Ideally, developers should respond to the higher ...
In our model, a persistent large adverse supply shock can lead to a persistent inflation surge while output expands if the central bank follows an inflation forecast-based policy rule and thus ...
After a roaring 2023 and 2024, what will 2025 bring for the stock market? The Latest Rising federal budget deficits and national debt could eat into investors' returns. A variety of economic ...
Both outgoing Governor Roberto Campos Neto and his successor Gabriel Galipolo told reporters in Brasilia on Thursday that monetary policy will put inflation on a path to slow to the 3% target.