These include the establishment of a separate Monetary Policy Board and Governance Board, aimed at making both decision-making and governance arrangements as effective as possible
Articles on Monetary policy
Displaying 41 - 60 of 180 articles
Crises fueled by bank runs, starting with the Great Depression, have had something in common: Unexpected changes spur bank failures, followed by general panic and then large-scale economic distress.
The Fed’s decision to raise rates is likely to put more pressure on regional banks, which will make it harder to avoid a recession.
The UK economy could benefit from a digital pound, but is there a role for crypto?
A slowdown in price rises, combined with the shift to less aggressive rate hikes, is good news for the minister’s budget initiatives on growth.
For a country that aspires to reduce bureaucracy and liberalise its financial sector, currency redesign and cash withdrawal limits can only be counter-intuitive.
Because central banks delayed interest rate increases early in the pandemic, they have spent 2022 playing catch-up with runaway inflation.
Some taxes are more popular than others in the eyes of the public.
There should be a better long-term strategy for foreign direct investments in Nigeria that’s not tied to its oil reserves.
The expected relationship between government and central bank policy has broken down in the UK.
The markets have thumped the new UK government over its fiscally bold ‘mini-budget’.
The reality is that the US Federal Reserve has decided price rises must be addressed by raising interest rates. African countries have no choice by to follow suite.
The Bank of Canada’s expansionary monetary policy in 2021 is an important source of the high inflation we are experiencing today.
Never, in the three decades the Reserve Bank has been targeting inflation, has it been tested by prices rising in unison like this.
Central banks worldwide are racing to implement national digital currencies, yet democratic considerations are hardly discussed in public. This has to change.
The review will examine the bank’s Act, its inflation target, its management and recruitment process and the composition of its board.
Looking back at the Reserve Bank’s performance in setting interest rates over the past generation, we’d grade it an A for earlier years – but a fail for the years just before the pandemic. Here’s why.
Recent rate hikes will not do much to tackle inflation, but greater cooperation between the Bank of England and the government could help the UK economy.
The Fed raised interest rates the most in nearly three decades to fight stubborn inflation. A finance expert explains what’s happening, the risks and what it means for consumers.
Critics ought to acknowledge that on average over time Australia’s Reserve Bank has met its inflation target, but it is worthwhile examining the way it is run.
Top contributors
-
Scientia Professor of Economics, UNSW
-
Senior lecturer, Canberra School of Government, University of Canberra
-
Visiting Professor at the Business School, University of the Witwatersrand
-
Professorial Fellow, University of Canberra
-
Associate Professor, School of Economics, University of Sydney
-
Professor of Economics & Business, Allegheny College
-
Distinguished Professor and Derek Schrier and Cecily Cameron Chair in Development Economics, School of Economics and Business Sciences, University of the Witwatersrand
-
Professor of Economics, Monash University
-
Associate Professor of Business, Boston University
-
Professor of Economics, University of Kent
-
Professor of Banking and Economics, University of Winchester
-
Senior Lecturer in Economics, The Open University
-
Professor of Finance and Fred T. Tattersall Excellence in Finance Research Chair, West Virginia University
-
Professor, Warwick Business School, University of Warwick
-
School of Social Sciences, Monash University