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We estimate transitory and permanent import tariff shocks in the United States over the postwar period. We find that transitory tariff increases are neither inflationary nor contractionary, and are ...
The central bank has been raising interest rates as part of a contractionary monetary policy to curb inflation, which has remained above 9 percent for more than two and a half years.
MW: So let’s talk about monetary policy. You joined six months ago, well after the inflation shock. It was a fairly big surprise to most. It wasn’t so much of a surprise to me.
National Bank of Romania (NBR) decided today to keep the monetary policy interest rate at 6.50 percent per annum, while maintaining the interest rate on the lending facility (Lombard) at 7.50 percent ...
Stagflation is one of the trickiest economic situations, because tackling inflation requires contractionary monetary policy while low growth calls for expansionary policy. Dealing with one will ...
What are the likely consequences of uncertain US tariffs on the euro area economy and its monetary policy? The economic literature highlights three main conclusions. Without considering second-round ...
Abdeen is one of millions of Syrians suffering from Syria's liquidity crisis, which coincided almost immediately with the fall of Bashar Al-Assad's regime in early December. Experts say the new ...
As the economy seeks to bounce back from years of troubles, with the rate of inflation still at double digits, Bangladesh’s central bank has decided to continue with a contractionary monetary policy ...
CBN has consistently maintained a contractionary or dear monetary policy. The Bank has continually increased the Monetary Policy Rate, MPR, to fight inflation.
In Ricardo’s time there was belief that corn imports were causing monetary instability, which he pointed out was not correct. Due to mis-understandings about the cause of depreciation, Finance ...
The Bangladesh Bank (BB) recently announced its decision to keep the policy rate unchanged at 10% for the January–June period of 2025, signalling a continued focus on curbing inflation. The central ...
President Trump on Sunday said that he would impose a 25 percent tariff on all foreign steel and aluminum imports into the United States as of Monday and would soon announce reciprocal tariffs on ...