In this week's banking news roundup: The Federal Reserve released additional information about its periodic review of its monetary policy strategy, tools and communications framework; TD Bank Group ...
Since 1996, the Bank Rate has been set by the Bank at the top of its operating band for the overnight rate. This provides a clearer indicator of monetary policy intentions, because the Bank’s ...
This paper reviews key findings of the IMF’s Annual Report for the fiscal year ended September 1946. This report covers the operations and policies of the IMF in the period from May 6, 1946, when the ...
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But willful foolishness usually has a cost. So it is with modern monetary theory. Ironically, this basket of economic fallacies, embraced by policymakers during the Biden-Harris administration ...
This report provides a brief summary of the purpose and findings of a technical assistance (TA) mission that was intended to review and evaluate the Reserve Bank of India (RBI)’s stress test model ...
The BoJ sets monetary policy in the country. Its mandate is to issue banknotes and carry out currency and monetary control to ensure price stability, which means an inflation target of around 2%.