Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation This paper sheds new light on an overlooked channel of monetary transmission: the relationship between central bank ...

For now, investors are giving Brazil the benefit of the doubt. The country's Ibovespa stock index is up 43% this year, accounting for the real's appreciation against the dollar. Prices on the ...

Central banks conduct monetary policy to achieve price stability, but decisions also have effects on labor-market outcomes. In this paper, we identify exogenous monetary shocks with the ‘interest rate ...

BRASILIA, Aug 14 (Reuters) - Brazil's inflation has shown more downside surprises than analysts had expected, but remains above target and is being driven by strong demand, requiring contractionary ...

Real money supply continues to decline, signaling tight monetary conditions. Excess money from prior stimulus is likely still cushioning parts of the economy. This buffer has delayed the full impact ...

Dhaka, July 9 -- Bangladesh Bank will unveil its new monetary policy by the end of July, signalling a shift from its current contractionary stance in a bid to spur economic growth while still reining ...