This paper examines the effectiveness of inflation targeting (IT) frameworks during the global inflation surge of 2022, a shock primarily driven by large adverse supply side disruptions following the ...
The Federal Reserve's policy framework is in flux, with credibility eroding after 4.5 years of missing its 2% inflation target. Current rate-cutting bias persists despite persistent inflation ...
In August 2009, the State Bank of Pakistan (SBP) officially changed its monetary policy framework from targeting monetary aggregates to an interest rate-based monetary policy framework, known as the ...
Next week’s Federal Open Market Committee meeting promises to be one of the most interesting in recent memory. Based on comments of Fed officials, the vote about whether to lower the fed funds rate by ...
The Federal Reserve's current dual mandate interpretation prioritizes employment over inflation, risking long-term credibility and failing to achieve its 2% inflation target. Recent policy shifts, ...
India is likely to retain the existing inflation target for its central bank with the setup viewed as effective in managing ...
WASHINGTON, DC - NOVEMBER 08: Fed Chairman Jerome Powell prepares to deliver remarks to the The Federal Reserve's Division of Research and Statistics Centennial Conference on November 08, 2023 in ...