A U.S. senator's recent push to strip the Federal Reserve of a key aspect of how it controls interest rates and the battle ...

U.S. Treasury Secretary Scott Bessent said the Federal Reserve's vital independence on monetary policy is threatened by its ...

This paper investigates the effects of climate shocks on inflation and monetary policy in the Middle East and Central Asia (ME&CA) region. We first introduce a theoretical model to understand the ...

Calibrating policy Our findings suggest that a deep, country-specific understanding of housing channels is important to help calibrate and adjust monetary policy. In countries where the housing ...