Kansas City Federal Reserve President Jeffrey Schmid said he favors keeping interest rates at current levels to prevent ...

On Wednesday, Federal Reserve Chairman Jerome Powell will announce the bank's interest rate decision. But what is the Federal ...

Discussions about monetary policy focus on its short-term impact. In other words, most central banks accept that the output of the economy in the long run is “independent” of monetary policy.

These monetary policy surprises can be used to study changes in monetary policy that were unexpected from the perspective of financial market participants. The measures are helpful in empirical ...

"The U.S. banking system is sound and resilient," said Federal Reserve Chair Jerome Powell as he testified before the House Financial Services Committee on monetary policy and the economy. The ...

Monetary Policy, Interest Rates, and Inflationary Output Gaps New York Federal Reserve Bank President John Williams discussed the history of the natural rate of interest, metrics to measure it ...

The extent to which changes in monetary policy rates lead to changes in loan and deposit rates for households and firms, referred to as ‘pass-through’, is an important ingredient of monetary policy ...