It is no secret that we have been fighting inflation that reached a 40-year high and the Federal Reserve Bank has embarked on a historic interest rate increase to combat inflation. Not only have they ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation We study the role of regional housing markets in the transmission of US monetary policy. Using a FAVAR model over ...

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 ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation Central banks conduct monetary policy to achieve price stability, but decisions also have effects on labor-market outcomes.

We incorporate incumbent innovation in a Keynesian growth framework to generate an endogenous distribution of market power across firms. Existing firms increase markups over time through successful ...

Using high-frequency responses of oil futures prices to prominent oil market news, we estimate the effects of oil supply news shocks when systematic monetary policy is switched off by the zero lower ...

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 ...