Federal Reserve Bank of New York President John Williams said Tuesday the current level of short-term interest rates should ...

This article looks into the latest developments in U.S. monetary policy, the broader implications and the uncertain path ...

The Federal Reserve's monetary is well-positioned to achieve the central banks' maximum employment and price stability ...

Keynesian theory’s popularity waned then because it had no appropriate policy response for stagflation. Monetarist economists doubted the ability of governments to regulate the business cycle with ...

Federal Reserve Chairman Jerome Powell is on Capitol Hill Tuesday for the first of two hearings he will testify in this week.

For the unfamiliar, modern monetary theory is a fringe school of economic ... attempted to turn this conspiratorial reasoning into policy by proposing price controls at the grocery store ...

Recent research has identified periods when the Federal Reserve intentionally acted to slow inflation when it exceeded ...

The Federal Reserve doesn’t need to adopt a “Monetary Policy Rule.” Not only would the central bank shed the pretense of rules-based constraints on its power during times of upheaval and unc ...

The Federal Reserve's latest Monetary Policy Report to Congress, released on Friday, was upbeat about the state of the ...

This chapter has shown that the NMPC [New Monetary Policy Consensus] is limited in four important ways. Firstly, it is based on doubtful assumptions, unwarranted generalisations, overly optimistic ...