This year’s Jackson Hole Economic Symposium of central bankers from around the world is right to focus on the monetary-transmission mechanism, the channel through which monetary policy influences ...

BRASILIA (Reuters) - Brazilian central bank executive director Rogerio Lucca said on Monday that unclogging the transmission channels of monetary policy is a potential challenge, highlighting that ...

We investigate the role of government credit in monetary policy transmission, using detailed credit registry data from Brazil ...

BRASILIA, April 2 (Reuters) - Brazil's central bank governor Gabriel Galipolo said on Wednesday that unblocking monetary policy transmission channels is a generational challenge in the country which ...

As the pioneer of inflation targeting in 1990, New Zealand's monetary policy framework has been a model for central banks globally. In recent years, tools like forward guidance—where a central bank ...

We provide novel empirical evidence that firms’ investment is more responsive to monetary policy when a higher fraction of their debt matures. In a heterogeneous firm New Keynesian model with ...

This data series is part of the Center for Monetary Research. Monetary Policy Surprises data capture the exogenous changes in interest rates over tight windows around the monetary policy announcements ...

Learn the significance of a Fed pivot, when the Federal Reserve shifts its monetary policy, and how these changes affect the ...