In his December press conference, Federal Reserve Chair Jerome Powell said the central bank was embarking on a "new phase" of monetary policymaking. Just what that entails will play out over the next ...
The Finance Ministry on Thursday (December 26, 2024) said the “combination of monetary policy stance and macroprudential measures by the central bank may have contributed to the demand slowdown ...
Rajeshwar Rao will handle monetary policy and economic research departments in a reorganisation of portfolios as Michael Patra's term ends. Michael Patra, one of the four deputy governors of the ...
In our model, a persistent large adverse supply shock can lead to a persistent inflation surge while output expands if the central bank follows an inflation forecast-based policy rule and thus ...