The evolving objectives of monetary policy further complicate our understanding of inflation. Monetary policy has long emphasized controlling inflation by stabilizing aggregate demand. But recently, ...

Tokenized monetary policy uses blockchain, digital tokens, and smart contracts to carry out central bank functions like interest rate control, liquidity management, and asset purchases. The Bank ...

Modern Monetary Theory is a macroeconomic model positing that countries that issue their currencies, ... "Monetary Policy." U.S. Department of the Treasury, Fiscal Data.

Practical design challenges in tokenized monetary policy As central banks explore moving policy tools onto blockchains, they face several significant design hurdles. These aren’t just technical.

Some recent contributions use monetary models with standard monetary policy rules in the background, but these do not derive optimal policy or focus on the monetary response. Important examples are ...

Monetarists and rational expectations economists believe that if monetary policy is transparent, then increases in the money ...

The best the Fed can do (whether or not tariff shocks appear) is keep nominal spending on a stable trajectory.

By Elizabeth PUNSU, Kumasi An economics professor at Kwame Nkrumah University of Science and Technology (KNUST), Professor ...

Professor Mohammed Hadrat Yusif, a Professor of Economics at the Kwame Nkrumah University of Science and Technology (KNUST), ...