If there’s production there is money. It’s that simple. "Money” is merely an agreement about value among producers that ...

CFR’s Global Monetary Policy Tracker compiles data from 54 countries around the world to highlight significant global trends in monetary policy. Who is tightening policy? Who is loosening policy?

Monetary policy involves the Federal Reserve raising ... A decision to build a new bridge, for example, will give work and more income to hundreds of construction workers. A decision to spend ...

How effective monetary policy is at stabilizing prices and economic activity depends in large part on the public’s understanding of the policy framework and strategy. For example, if investors ...

Central banks conduct monetary policy to achieve price stability, but decisions also have effects on labor-market outcomes. In this paper, we identify exogenous monetary shocks with the ‘interest rate ...

When interest rates rise, for example, savers can earn more on their ... However, many of the impacts of monetary policy are delayed and difficult to evaluate. Additionally, economic participants ...

Yet this is what matters most to policymakers. When setting monetary policy, for example, central bankers need to know the likely impact of changes in official interest rates on inflation and the ...