We document large, longer-term, joint regime shifts in asset valuations and the real federal funds rate-r* spread. To interpret these findings, we estimate a novel macro-finance model of monetary ...

This paper is about the effectiveness of qualitative easing, a form of unconventional monetary policy that changes the risk composition of the central bank balance sheet with the goal of stabilizing ...

The monetary policy must be targeted and proactive to help improve economic structure, and be front-loaded and forward-looking to stay ahead of the market curve. The second is flexibility. The pace, ...

In this paper, we apply the Structure Vector Autoregression (SVAR) model to analyze the impact of U.S. monetary policy on China's stock market. We selected Shanghai Composite Index as a representative ...

Norway’s economy has shown resilience amid global uncertainty, supported by strong fiscal buffers and credible policy frameworks. Mainland real GDP growth is forecast to increase to 1.5 percent in ...

“We must ensure conditions for fair competition and thus protect jobs,” German Finance Minister Lars Klingbeil said on Thursday on the sidelines of a meeting in Luxembourg with EU colleagues who, like ...

Prime Minister Mark Carney has announced limits to foreign steel imports in a bid to prop up Canada’s steel industry, which has been hit hard by the U.S. trade war. Canada may hike counter ...

Text of Fed's Monetary Policy Statement Provided by Dow Jones Jun 18, 2025, 11:15:00 AM ...

The Executive Board of the International Monetary Fund (IMF) completed the Article IV Consultation for Iceland on June 16, 2025.

The Federal Reserve will take up the issue of its communications practices later this year once it finishes its new monetary policy framework. During his post-FOMC press conference, Fed Chair Jerome ...

If a domestic money consists of a commodity, [such as] a pure gold standard or cowrie bead standard, the principles of monetary policy are very simple. There aren’t any. The commodity money takes care ...

Anderson says one factor that has been overshadowed by broader tariffs is a new U.S. policy that was announced in April that imposes shipping fees on vessels built or operated by China. These fees, ...