In the communique read on behalf of the MPC, CBL Acting Executive Governor Henry F. Saamoi, noted global economic growth stabilized at 3.2% in 2024, a slight decrease from 3.3% in 2023, reflecting ...
Empirical monetary policy shocks (EMPS) contain information about monetary policy both today and in the future. We define the term structure of monetary policy news as the marginal impact of an EMPS ...
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 ...
Many central banks make policy decision collectively in the form of a committee. With the increased public communications of policy actions, wording over policy statements became an important tool for ...
A new task force in the Republican-controlled U.S. House of Representatives on Tuesday begins its examination of the Federal Reserve's policy tools, rules and track record, and members of the panel ...
The 302nd meeting of the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC), held on September 22 and 23, represents a pivotal moment in the country’s evolving monetary policy stance.
The Central Bank of Nigeria (CBN), at the 298th meeting of the Monetary Policy Committee (MPC) announced a significant yet nuanced rise in the Monetary Policy Rate (MPR) by 25 basis points, elevating ...
RBI Monetary Policy Meeting 2025 LIVE: With continuing global uncertainties and India’s reliance on domestic growth drivers, the growth orientation of monetary policy appears desirable. It will ...
Recent research has identified periods when the Federal Reserve intentionally acted to slow inflation when it exceeded desired levels. The success of these disinflation attempts reveals the extent of ...
The Bank of Ghana (BoG) on November 26, 2025, lowered its monetary policy rate by 350 basis points, reducing it from 21.5 percent to 18 percent, following the conclusion of its 127th Monetary Policy ...