Cook Lisa D. Cook discusses the U.S. economic outlook and monetary policy. The C. Peter McColough Series on International Economics brings the world’s foremost economic policymakers and scholars ...

Central banks use tools such as interest rates to adjust the supply of money to keep the economy humming Monetary policy has lived under many guises. But however it may appear, it generally boils down ...

Monetary theory in economics has consisted of various schools of thought rather than a single unified model. Each of these schools emphasizes different forces that drive inflation and recommends a ...